Altus Fire and Life Safety Acquires BK Systems
BK Systems is a Honeywell Premier NOTIFIER Engineered System Distributor serving Northern New England. This marks Altus’ seventh acquisition.
BROOKLYN, N.Y. — Altus Fire and Life Safety, a full-service fire and life-safety platform, announces it has acquired BK Systems, a provider of installation, monitoring and repair services for fire alarm, fire suppression and security systems across New Hampshire, Maine, Vermont and Massachusetts.
BK Systems’ founder Karl Klardie and his daughter Beth Mortell will maintain a minority stake in the company. Terms of the transaction were not disclosed.
Based in Pembroke, N.H., BK Systems has been a family-owned and operated business serving commercial and industrial customers across the Northern New England region since 1988.
As a Honeywell Premier NOTIFIER Engineered System Distributor, the company specializes in the installation, test & inspection, and service & maintenance of a range of fire alarm, suppression and security & access control systems.
“Karl and his daughter Beth have built BK Systems into a leading player in the fire and safety market, and we are pleased to welcome them and the entire team to Altus,” says John Adams, Altus CEO. “Adding another Premier NOTIFIER ESD to the platform will be a competitive advantage as we look to secure large, significant projects in the Northeast.”
Established in May 2021 and previously known as Cross-Fire & Security Co., Altus is a full-service fire and life safety services platform owned by AE Industrial Partners, a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets.
The platform currently consists of seven brands including Adcock, Alarm & Suppression, BK Systems, Croker, Cross-Fire & Security Co., FSI, and NISCO.
“We have found the perfect partners in Altus and AEI, who have a deep understanding of the industry and a long history of supporting family-owned businesses,” says Klardie and Mortell. “We look forward to working with the entire Altus family as we continue to deliver the highest quality services to our customers.”
Altus has partnered with key industry executives, including Board Chair Kelly Romano, an AEI Operating Partner with deep sector experience in fire & security and commercial building industries including over 30 years at United Technologies Corporation (UTC), and Board Member Ed Cettina, a senior construction management executive previously working with AECOM and Tishman Construction.
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