Southern Cross Electrical Engineering Limited (SCEE) has announced its acquisition of Force Fire Holdings, a provider of fire safety solutions in New South Wales and Queensland, for up to $53.5 million.
This strategic acquisition aligns with SCEE’s goal to enhance its service offerings and increase recurring revenue streams.
The acquisition is expected to bolster SCEE’s position in the fire safety sector, a field characterized by non-discretionary demand and regulatory requirements, and offers potential for cross-selling opportunities and geographic expansion.
The transaction is anticipated to contribute at least $10 million EBIT in FY26, with Force Fire’s management team remaining in place to drive growth.
Force Fire Holdings has been acquired by Southern Cross Electrical Engineering Limited, with the acquisition aligning with SCEE’s ambition to enhance its service offerings and increase recurring revenue streams.
