Nov 2021 | California
PREVENT Life Safety Services Acquired By Barrier Companies
We are pleased to announce the sale of our client PREVENT Life Safety Services, Inc. (PREVENT) to Barrier Companies (a holding of Lincolnshire Management).
Located in Livermore, California, PREVENT specializes in providing fire and life safety services to the healthcare market. The company offers a range of services that are required from a compliance/regulatory standpoint. Specifically, PREVENT delivers fire barrier management and inspection, and air duct cleaning.
As a part of its value-added offerings, the company provides long-term compliance programs, life safety drawings and plans, and all necessary reporting and documentation as required by state and county regulating bodies.
PREVENT is a pioneer in its industry, being among the first companies to provide fire and life safety services within hospital settings. The company has successfully expanded its business through continuous innovation. Management has continued to invest in the operations to expand the solutions offered to a captivate target market.
PREVENT primarily caters to hospitals, nursing homes, and assisted living facilities. The company’s experienced technical team assists clients to provide fire barrier management services to take care of their facilities’ needs reliably and effectively. All technicians are VendorMate and Symplr (VCS) approved.
Barrier Companies, LLC (Barrier), located in Lenexa, Kansas, was founded in 2008 to address the growing need for a comprehensive building enclosure and building containment scope for the commercial construction industry. Compliance, enforcement, the increasing technical needs and all the risks and liabilities that come with doing this scope have driven the need for a specialty contractor to comprehensively focus on this area.
Barrier has invested to become a nationwide contractor who is best in class in these areas. They strive for long-term relationships through building incredible value at a reasonable cost. The Company does this through building a "get it done" culture with their employees.�??
Lincolnshire Management, headquartered in New York City, is a private equity firm with a more than 30-year track record of successfully investing in companies across the lower middle market. The firm draws on its extensive sector and investment experience to build companies in partnership with management teams, and employs a collaborative, team approach.
Lincolnshire Management makes control investments in private companies, recapitalizations, corporate divestitures, management buyouts and growth equity for public and private companies. The firm’s past and current portfolio spans a wide range of industries and includes more than 90 acquisitions in various economic environments over the last three decades.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Sr. Managing Director Mergers & Acquisitions, Fred Zweifel, with support by Sr. Managing Director – Western Region, Lori Galloway, closed the transaction. Senior Managing Director Doug Morrow established the initial relationship with PREVENT.
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 Healthcare & Life Sciences page.
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