Fire Door Solutions | SALE

 In
Engagement
Sale

Fire Door Solutions sells to Lincolnshire Management’s portfolio company, Barrier Compliance Services

Transaction Description

Client

Fire Door Solutions is a leading nationwide provider of Fire and Life Safety compliance and protection services, primarily for the healthcare facility market. The Company provides fire door, fire damper, and firestop inspection and repair services, as well as life safety consulting and related facilities management services.
Fire Door Solutions experienced explosive organic growth from the launch of its business in 2013. In addition to that organic growth, the Company acquired a business specializing in fire stopping inspection and remediation services with a focus on the healthcare market on the East Coast. Fire Door Solutions also acquired another business that provides fire door inspection, repair, and recertification, in addition to forming a strategic partnership with another business that provides life-safety plans for health care facilities.

Situation

After experiencing rapid and sustained growth that propelled the Company to a leading status in the passive fire compliance and protection industry, Fire Door Services sought to find a strategic partner with synergies to accelerate the growth of its strategic growth plan and to capitalize on the trends in the growing Fire and Life Safety compliance and protection industries.

Results

Frontier orchestrated multiple marketing and sale processes that produced a significant number of offers spurring intense competition to buy the Company’s business or to partner/recapitalize the business. The competition from the processes allowed the Company to thoroughly  analyze and diligence numerous different potential buyers as that potential “best-fit partner” to accelerate the growth of the Company’s strategic growth plan. The result of the processes was that Fire Door Solutions was able to choose the best partner to accelerate its strategic growth plan, executing that business combination through a sale transaction at a remarkable valuation.

Related Transactions

SkyMark Refuelers, Flowmark, and Railtrucks recapitalized with Sky Island Capital

Safari Belting sold to Chiorino, S.P.A., a world leader in conveyor and material process systems

Stern Williams sold to Prier Products

Ameri-Pac Inc. sold to Wilbur-Ellis

MCC Electronics Company sold to Pivot International

Mid-States Supply Company Inc. was acquired by Staple Street Capital

Western Container sold to Americraft Carton, Inc

MidState Reclamation & Trucking partnered with Stone Arch Capital through a recapitalization

360 Energy Engineers was acquired by Willdan Group, Inc.(NASDAQ:WLDN)

TradeWind Energy’s Rocky Ridge Subsidiary sold to Enel Green Power, North America

Sold to LML Capital & Achieved its Unique Sales Proceeds Distribution Objective

An Organic Food Processing Company (name withheld at client’s request).

Sold to a Discovery Behavioral Health

Patient Resources was sold to a Preeminent Digital Fulfillment Company

Regional Leader in the Home Healthcare Industry acquired by a Strategic Buyer

Avascend was acquired by Towne Park, a portfolio company of Camden Partners and HarbourVest

DataCore Marketing was acquired by Subsidiaries of WPP Group, the world’s largest advertising and marketing group (NYSE: WPP)

Turnkey Provider of Direct Mail Marketing Solutions was sold to a Niche-Market Leading Strategic Buyer

Beacon Industries sold to OmnicomGroup (NYSE: OMC)

Sun Graphics, Inc. sold to a private investor group

Innovative Marketing Strategies, Inc. sold to EPIXTAR

Empire Candle, LLC sold to Langley Candle Company

AutoVista sold to Automatic Data Processing, Inc. (Nasdaq: ADP)

Heartland Physician’s Health Network, Inc. sold its minority equity position of FirstGuard Health Plan

Lakin Enterprises, Inc. Professional Builders sold to Oppliger Banking Systems