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Ae Industrial Partners-Backed Altus Fire And Life Safety Acquires Crime Intervention Alarm

PRIVATEMay 30, 2023

Acquiring Company

AE Industrial Partners

Acquired Company

Crime Intervention Alarm

Boca RatonCanadaFinancial ServicesReal EstateScience And EngineeringArtificial IntelligenceSecurityFinancial ServicesHealth CareFood And BeverageFinanceConsultingInsurance

Description

Altus Fire and Life Safety ("Altus"), a full-service fire and life safety platform, announced today it has acquired Crime Intervention Alarm ("CIA" or the "Company"), a provider of installation, monitoring, inspection and service for security and surveillance systems, access control and fire systems in Pennsylvania and the broader mid-Atlantic region. CIA President John Lakatosh, who has over 30 years of experience in the security industry, will remain with Altus in an active role post-close. Terms of the transaction were not disclosed.

Quick answer

AE Industrial Partners and Sun Life Financial are acquiring Crime Intervention Alarm, announced May 30, 2023. AE Industrial Partners is based in Boca Raton, Florida, United States.

How much did AE Industrial Partners pay for Crime Intervention Alarm?
The deal value was not disclosed.
What does AE Industrial Partners do?
AE Industrial Partners, LP is a private equity firm specializing in Aerospace, National Security, and Industrial Services.
Where are AE Industrial Partners and Crime Intervention Alarm based?
AE Industrial Partners is based in Boca Raton, Florida, United States.

Source: Fundz verified event record.

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Company Information

Company

AE Industrial Partners

Location

Boca Raton, Florida, United States

About

AE Industrial Partners, LP is a private equity firm specializing in Aerospace, National Security, and Industrial Services. With $5.4 billion of assets under management, it has completed more than 130 investments in market-leading companies across highly specialized markets. The firm has a commitment to driving value creation in partnership with the management teams of its portfolio companies.

Company

Sun Life Financial

Location

Canada

About

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda.

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Frequently asked

Who acquired Crime Intervention Alarm?

Crime Intervention Alarm was acquired by AE Industrial Partners, based in Boca Raton. The deal was reported on May 30, 2023. AE Industrial Partners, LP is a private equity firm specializing in Aerospace, National Security, and Industrial Services. AE Industrial Partners is privately held and operates in Financial Services.

When did AE Industrial Partners acquire Crime Intervention Alarm?

AE Industrial Partners's acquisition of Crime Intervention Alarm was reported on May 30, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Crime Intervention Alarm do?

Crime Intervention Alarm is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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