Agellus Capital has announced the creation of Bluejack Fire & Life Safety through a series of recent acquisitions.
Agellus has combined Texas-based FirePro Tech LLC, New York-based Chase Fire and California-based AAA Fire Protection Services. Headquartered in Houston, Texas, the combined company will have a national footprint, positioning it to emerge as a leading provider of fire and life safety services.
Agellus Capital’s Co-Founder and Managing Partner, Jeff Aiello said: “The combination of these great businesses and great people will set the foundation for a best-in-class national platform in the fire and life safety industry.”
FirePro Tech LLC, founded in 2014, primarily provides inspection, testing, repair and maintenance of fire suppression and alarm systems.
Oscar Rios and Kory Winters, Co-Founders of FirePro said: “We chose the Agellus team because they shared our entrepreneurial culture and focus on growth.”
Chase Fire, founded by Artem Perchenok in 2006, focuses almost exclusively on fire extinguisher services, with a growing kitchen suppression segment.
Artem Perchenok explained: “I saw a great opportunity to grow Chase with the shared resources of the Bluejack platform that Agellus was building.”
AAA Fire Protection, founded in 1974, provides primarily maintenance and repair services for fire sprinkler systems, commercial kitchen grease exhaust systems and portable extinguisher suppression.
Brent and Brain Patterson, the second-generation founders of AAA shared: “We were courted by a number of private equity investors, but we chose Agellus based on their concentrated focus on essential services and enthusiastic references from previous founders they had partnered with.”
The CEO of Bluejack Fire & Life Safety, Phil McVery added: “We are excited to be collaborating with the talented founders of FirePro, Chase and AAA, who have built their businesses into regional marker leaders.”
FirePro Tech LLC, Chase Fire and AAA Fire Protection Services have been acquired by Agellus Capital to create a platform.
Agellus Capital’s Co-Founder and Managing Partner, Jeff Aiello said the partnership will set the foundation for a best-in-class national platform in the fire and life safety industry.
Paul Giannamore and Franco Villanueva-Meyer of The Potomac Company acted as exclusive financial advisors to Chase Fire in this transaction.
