North Haven Capital's portfolio company, Interstate Fire Protection, has successfully acquired Advanced Fire Protection Services to expand its service offerings and market reach in the fire protection industry.

Target Company Overview

North Haven Capital (NHC), a private investment firm based in Portland, Maine, has announced that its portfolio company, Interstate Fire Protection (IFP), has acquired Advanced Fire Protection Services (AFPS) based in Minot, Maine. IFP has established itself as a regional leader in the fire protection industry since its inception in 1981, building a solid reputation for its expertise and reliability in providing fire detection and alarm solutions. The company caters to a diverse clientele, implementing tailored fire protection strategies, from simple pre-engineered systems to complex multi-hazard clean agent solutions to safeguard valuable assets.

AFPS, founded in 1986 by a retired Fire Chief with over thirty years of experience, specializes in fire sprinkler system installation, inspection, and ongoing maintenance. Over the years, AFPS has garnered a trusted reputation within the industry for its reliability and integrity, maintaining a solid client base that complements IFP's service offerings. This merger will enhance IFP's existing solutions, positioning them to deliver a more comprehensive range of fire protection services.

Industry Overview

The fire protection industry in the United States, particularly in New England, is experiencing robust growth due to increasing regulations, heightened safety awareness, and a rising number of construct