Facility Services, Business Services | Mergers & Acquisitions, Sponsor Related

Integrated Fire & Security Solutions has been Acquired by Fortis Fire & Safety

  • TM Capital served as exclusive financial advisor to Integrated Fire & Security Solutions, Inc. (“IFSS”), a portfolio company of Newlook Capital and Fengate, in its sale to Fortis Fire & Safety (“Fortis”), a portfolio company of Imperial Capital
  • Founded in 2005, IFSS is the leading integrator of security and life safety systems in Florida with five field offices across the state, 85+ service technicians and a broad installed base as well as additional operations in North Carolina via the acquisition of Diversified Systems, Inc. (“DSI”) in 2021
  • IFSS designs, implements, maintains and upgrades best-in-class security and fire protection systems for entrenched customers primarily in the K-12 education, branch banking, municipal and critical infrastructure end markets
  • Established in 2021, Fortis is building a “Next Generation” fire protection and integrated security platform, bringing together leading companies from around the country to form a unified organization that better serves customers and their people
  • The partnership with IFSS enhances Fortis’ presence in the Southeast U.S. market and adds complementary security and life safety capabilities and expertise to the Fortis platform
  • Newlook Capital is a private equity firm that manages industry-specialized funds and invests across the United States and Canada; Fengate is a leading alternative investment manager, with more than $8 billion of capital commitments under management, focused on private equity, infrastructure and real estate strategies
  • Imperial Capital is a Toronto-based middle market private equity firm focused on North American opportunities to build or acquire growth-oriented platform investments in targeted industry niches within healthcare, business and consumer services industries

Read the full press release

Client Testimonial

"We are sincerely grateful for TM Capital’s excellent leadership of the IFSS sale process.  The value of their transaction experience in facility services (specifically security/fire) was clear at every stage – an immediate grasp of what truly drives value, a commitment to prepare IFSS to look its best, and the ability to bring the right buyers to the table to negotiate an exceptional outcome.  TM Capital was a calm and collected advisor throughout, and we look forward to the opportunity to work together again in the not-too-distant future."
- Oliver Blum, Partner, Newlook Capital