Mar 2021 | Maryland
Residential & Commercial Fire Protection Acquired By Baymark Partners
We are pleased to announce the sale of our client, Residential & Commercial Fire Protection, Inc., to Baymark Partners. The acquisition closed March 4, 2021.
Located in Waldorf, Maryland, Residential & Commercial Fire Protection, Inc. (RCFP) is a leading designer and installer of fire sprinkler systems and specializes in commercial construction, residential construction, and service, repair, and inspections. In operation for over 30 years, the company has developed a broad set of capabilities and has completed work on a variety of projects of various sizes.
RCFP offers clients a turnkey, seamless process, from design to installation of fire sprinkler systems. Serving the greater area of Waldorf, Maryland, the company focuses attention on serving a diverse group of clients within the commercial and residential construction segment, including custom homes.
The acquisition of RCFP was concluded at the same time as the sale of another client, Swanson Fire Protection, Inc., also to Baymark Partners.
Swanson Fire Protection, Inc. (SFP), located in Jacksonville, Florida, is a privately-owned designer, installer, and maintenance provider of fire and sprinkler systems within the regional marketplace. Over its longstanding history, the company has worked on a broad set of projects within the residential and commercial industries.
SFP provides the installation of new fire protection systems such as sprinkler and fire suppression systems. SFP’s staff of designers construct fire protection and suppression systems that are specific to each facility, that will detect and respond to fire conditions to ensure the safety of occupants and reduce any potential damage.
SFP generates the majority of its revenue from sprinkler system installations and service work. The company currently designs all fire and sprinkler systems in-house through sophisticated software, which includes AutoCAD.
Located in Waldorf, Maryland, Residential & Commercial Fire Protection, Inc. (RCFP) is a leading designer and installer of fire sprinkler systems and specializes in commercial construction, residential construction, and service, repair, and inspections. In operation for over 30 years, the Company has developed a broad set of capabilities and has completed work on a variety of projects of various sizes.
RCFP offers clients a turnkey, seamless process, from design to installation of fire sprinkler systems. Serving the greater area of Waldorf, Maryland, the Company focuses attention on serving a diverse group of clients within the commercial and residential construction segment, including custom homes.
Headquartered in Plano, Texas, Baymark Partners (Baymark) is a growth-oriented private equity firm acquiring growing middle market service (healthcare, business and IT), distribution, manufacturing and tech-enabled (SAAS and E-Commerce) companies providing owners with liquidity and companies with resources to accelerate their growth.
The professionals at Baymark Partners possess over 100 years of successful experience in acquiring, investing and operating growth companies. Their experience ranges from early-stage, high-growth to fully-developed market leaders. This experience, combined with its active Advisory Board, gives Baymark the ability to implement strategic and operational discipline required to transition middle market companies to a more mature and valuable market position.
“The combination of the Swanson Fire Protection and Residential & Commercial Fire Protection companies provides a solid foundation for our investment firm to lead the growing fire safety market”, said David Hook, Managing Partner of Baymark Partners. “Under the stewardship of SFP founder John Swanson, who will be the CEO of the new combined business, we are looking forward to growing across the eastern and mid-Atlantic region with future acquisitions.”
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson’s team, led by Senior M&A Advisor, Jerry Cohen, with support from Vice President, Mergers & Acquisitions, Corey Painter, completed the RCFP deal. Fergusson, with the support of Vice President, Mergers & Acquisitions, Alex Mironov, successfully closed the SFP transaction. Senior Managing Director Roger Dean created the initial relationship with SFP.
“It has been a great pleasure for the Generational Equity team to collaborate with the founders of Swanson Fire Protection and Residential & Commercial Fire Protection in their sale to Baymark Partners. Both organizations were recognized as the premier provider of fire safety design, products, services, and customer support in their respective markets. With the vision and financial support of Baymark Partners, their businesses form the foundation for a new multi-regional force in the industry,” said Fergusson.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Engineering, Contracting & Construction page.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Business & Financial Services page.
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