Force Fire today announced the that it has agreed to acquire QLD fire safety business, Brisbane Fire Protection.
Force Fire is a leading Sydney based fire protection business providing engineering, detection, suppression, installation and maintenance services to the NSW market. Our clients come from a range of sectors - we provide fire services to the healthcare, aged care, education, government, retail, commercial, industrial and residential sectors, working with leading builders, contractors and property owners to protect their people and assets.
Brisbane Fire Protection is a leader in the SE QLD market, helping similar customer segments with the design, installation and ongoing servicing of their fire protection systems.
The transaction represents an exciting milestone in Force Fire’s acquisition strategy, which is geared around expansion into other states and growing its portfolio of contracted service sites. The combined group, with >$75m in annual revenue, will include >200 employees and >1,000 service sites across NSW and QLD.
All of the existing shareholders in Brisbane Fire will continue as shareholders in the combined group alongside the existing Force Fire shareholders, which include its management team and leading Australian equity investment firm, Anacacia Capital.
Brisbane Fire will continue to be managed by Darren Lauchs, Mark Flynn, Rod Lennon, Brett O’Sullivan and their team which, with the added support of the Board and management team of Force Fire, expects to be able to further improve the breadth and quality of their client service offering.
Force Fire was advised by Addisons lawyers and HLB Mann Judd while Brisbane Fire was advised by Mills Oakley lawyers and Mergers & Acquisitions.
Darren Lauchs (Brisbane Fire) said: “This is about taking our company to the next level. We are delighted to be joining wth the Force Fire team, which shares our values and commitment to quality. We are confident that they will help us to make a great business even better - building out our capabilities and geographic reach and offering improved career development opportunities to our people.”
Michael Dirckze (Force Fire) said: “With assistance from Anacacia, we have been talking to Brisbane Fire for some time, excited by the calibre of their team and the logic for us coming together. By combining the best practices of each business, we expect to better and more extensively service all of our customers in both QLD and NSW”.
See also: Anacacia’s Force Fire blazes M&A trail in Queensland, Australian Financial Review