APi Group Corp.
Key Metrics
Market Snapshot
About
APi Group Corp. is a global provider of safety, specialty, and industrial services through a network of over 200 subsidiaries across North America and Europe. The company operates through Safety Services (fire protection systems, life safety solutions, and inspection services), Specialty Services (infrastructure including utility distribution and transmission), and Industrial Services (maintenance, turnaround, and industrial cleaning). APi Group designs, installs, inspects, and services fire protection and life safety systems for commercial, industrial, and residential properties. The company has built its platform through acquisitions of niche service providers, creating a scaled platform with recurring revenue from inspection and maintenance contracts. Founded in 1926 and headquartered in New Brighton, Minnesota, APi Group has transformed through strategic acquisitions, particularly its acquisition of Chubb Fire & Security. The company benefits from building safety regulations, inspection requirements, infrastructure spending, and the essential nature of fire protection and life safety services, generating predictable cash flows from a large and growing base of recurring service contracts.