Cross-Fire & Security Acquires Fire and Life-Safety Solutions Provider NISCO
The deal, which marks the second acquisition this week for Cross-Fire and its owner, AE Industrial Partners, is said to create significant scale for Cross-Fire in the Northeast.
BROOKLYN — Cross-Fire & Security Co., a full-service life-safety company, announces it has acquired NISCO, which is comprised of Northeast Integrated Systems and Northeast Fire Systems, a provider of fire alarm and life safety solutions across the Northeastern U.S. Terms of the transaction were not disclosed.
NISCO marks the second add-on acquisition of the year completed by Cross-Fire, a fire and life-safety services platform established by AE Industrial Partners. Cross-Fire announced the addition of Alarm & Suppression on Nov. 30 and says it is actively seeking additional acquisitions to expand its capabilities and geographic footprint.
Founded in 1982 by James Yantosca, Sr. and Sheryl Yantosca, NISCO has grown to become a leader in critical fire alarm and life-safety solutions for commercial customers in Massachusetts and New Hampshire, serving the education, commercial, office, healthcare and pharmaceutical end markets, according to the announcement.
Through Northeast Integrated Systems, the company provides project management and on-site support services to engineers, contractors, and end-user project managers. Among the services provided by Northeast Fire Systems are fire alarm detection system installation, testing, maintenance and upgrades; sprinkler system testing and maintenance; life-safety testing, integration and consulting; and central station monitoring services.
With offices in Malden and Worcester, Mass., NISCO is a Premier authorized engineered systems distributor of Honeywell’s Notifier products and was previously named a Notifier U.S. Distributor of the Year. NISCO will continue to be led by its President James Yantosca, Jr.
“We are fortunate to have identified another strong player in fire and life-safety services that creates significant scale for Cross-Fire in the Northeast,” says Peter Schumacher, partner at AEI. “NISCO has an outstanding reputation for customer service, which is supported by one of the most knowledgeable technical teams in the industry. We’re confident that the addition of NISCO to Cross-Fire will benefit both customers and employees alike.”
Cross-Fire has partnered with key industry executives on this platform investment, including Kelly Romano, chair of the board, and Ed Cettina, board member. Romano, an AEI operating partner, has deep sector experience in fire & security and commercial building industries, including over 30 years in executive roles at United Technologies Corporation (UTC), according to the company.
Cettina most recently was the Global COO of the construction management business of AECOM, and previously worked for 24 years in senior roles at Tishman Construction.
“We have known the Yantosca family for more than 20 years and we’re excited to finally work together to deliver the best solutions in the industry,” says Brendan Doorly and Kevin Maguire, co-founders of Cross-Fire. “Coming on the heels of our acquisition of A&S last month, we are making strong progress in our mission to become a preeminent fire and life-safety company offering a full suite of services.”
Yantosca Jr. adds, “We look forward to partnering with Brendan and Kevin, two industry leaders whom our team has respected and known for many years. With the backing of Cross-Fire and AE Industrial, NISCO will be better positioned to take advantage of the significant new opportunities in the industry.”
“From my decades at Honeywell, I know first-hand that achieving Notifier Distributor of the Year is an impressive accomplishment, and I’m thrilled to be working alongside a top-tier team with a stellar reputation,” says Robert Rex, senior vice president of growth & strategy at Cross-Fire.
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