ALPHARETTA, Ga. — Integrated and full-service fire protection, life safety and security alarm services provider Pye-Barker Fire & Safety has raised additional capital for “increasing its technician workforce investment, enhancing its service to customers and enabling more smart growth through acquisition.”
Pye-Barker’s two lead investors, Altas Partners and Leonard Green & Partners, remain unchanged. Altas retained the majority of its interest in the company, while LGP invested new equity and retained a meaningful portion of its existing interest, according to the announcement.
A wholly owned subsidiary of the Abu Dhabi Investment Authority and GIC, a global institutional investor, completed the acquisition of minority stakes, the announcement says.
The continuity of the lead investors “reflects their confidence in the company’s existing direction and leadership and provides consistency to Pye-Barker’s strategy of prioritizing customer service, team member care, and growth,” according to the company announcement.
Why Pye-Barker is Investing in Employees
Pye-Barker puts “significant focus” on growing the knowledge and careers of its nearly 8,000 team members, “promoting and hiring from within and opening new career paths to field teams and technicians,” the announcement says.
With increased capital, Pye-Barker “plans to further invest in workforce infrastructure with new talent development programs, mentoring and career acceleration resources,” according to the company announcement.
Strategic Growth and Customer Care
The company, which currently operates more than 250 branches across 45 states, also “plans to continue its acquisitive growth and enhance its integrated, full-service customer offerings,” the announcement says.
“In my three decades at Pye-Barker, my vision has always been to create the best fire protection and life safety company in the world,” says Bart Proctor, Pye-Barker CEO, in the company announcement. “We are tremendously blessed to have the support of investors who also value our role as the leader with the most complete solution to protect customers’ lives and livelihoods.
“They have enabled us to prioritize the care and growth of the hardworking and entrepreneurial technician base that I am so proud to work alongside,” he says.
“Pye-Barker is nothing without our people,” says Rebecca True, Pye-Barker chief human resources officer, in the company announcement.
“While we grow our service offerings and locations to better support our customers, we remain focused on designing a workplace that’s among the best in terms of team camaraderie and gives everyone the chance to define their legacy and build the career of their choosing,” she says.
From 2021-2024, Pye-Barker grew 587% percent, ranking No. 849 on the Inc. 5000.
In addition to focusing on its teams and customers, the company also supports its communities and has dedicated time and resources to causes, including the Wounded Warrior Project, Breast Cancer Research Foundation, Atlanta Fire Rescue Foundation, Toys for Tots, Salvation Army and many local organizations.
