Highview-Backed National Fire & Safety Announces Acquisition of Texas Fire & Safety
WACO, Texas–(BUSINESS WIRE)–National Fire & Safety, a leading end-to-end fire protection and life safety solutions platform and a portfolio company of Highview Capital (“Highview”), today announced the acquisition of Texas Fire & Safety, an all-in-one provider of a variety of fire services for customers in the central Texas area.
Founded by the family of owners Cathy & John Restivo over 55 years ago, Texas Fire & Safety’s team of over 75 employees provides, inspects, repairs and monitors alarm, fire suppression, camera and access control systems for more than 3,000 residential and commercial customers including blue-chip government, industrial and commercial customers.
Cathy and John Restivo will remain with Texas Fire & Safety and work closely with the National Fire & Safety management team, as well as existing National Fire & Safety Texas subsidiary Elite FPS, LLC.
“We’re thrilled to have Texas Fire & Safety join the National Fire & Safety platform,” said Chris Gannon, Chief Executive Officer of National Fire & Safety. “We first entered the Texas market in 2019 and are now looking forward to expanding our presence throughout Texas and providing our customers with additional essential fire protection services that they need.”
Texas Fire & Safety’s service competency will meaningfully expand National Fire & Safety’s scale and capabilities in Texas by enabling the company to better serve all the fire and life safety needs of its customers and support the rapid growth the company has seen in all of its metro areas.
“This transaction is an incredibly exciting step forward for Texas Fire & Safety,” said Cathy and John Restivo, Co-Founders of Texas Fire & Safety. “We have built a team and a culture that puts the customer first and delivers on what we say we are going to do. National Fire & Safety is the perfect home for our team members and customers and will further provide us the resources and expertise needed to meaningfully scale up. We are proud to join the National Fire & Safety family and partner with the Highview team.”
P.J. Gilbert, Managing Director at Highview and Chairman of National Fire & Safety, added, “Throughout this process, we’ve been thoroughly impressed with Cathy, John and the rest of the Texas Fire & Safety team. We know that they will be an incredibly beneficial addition to the National Fire & Safety platform and we are looking forward to working with the team as we continue to scale the platform into new geographies.”
About Texas Fire & Safety
Texas Fire & Safety, a subsidiary of National Fire & Safety, is an all-in-one provider of a variety of fire services for customers in Central Texas. Located in Waco, Texas Fire & Safety was founded by the family of owners Cathy & John Restivo in 1966, and includes the following subsidiaries/affiliates: Fire & Access Control System.Com, Inc., Therrell Alarm Protection Service, Inc., Alarm Center, Inc., Fire & Burglary Systems, Inc. www.choosetexasfire.com
About Elite FPS, LLC
Elite FPS, LLC, formerly Elite Fire Protection Systems, Inc., a subsidiary of National Fire & Safety, is a full service, non-union, fire sprinkler contractor located in the Dallas Metro area, founded in 1990 by Ken and Lynn Tabor. www.elitefireprotectionsystems.com
About National Fire & Safety
National Fire & Safety is a leading end-to-end fire protection and life safety solutions platform, backed by Highview Capital. National Fire & Safety’s mission is to deliver safe and reliable fire protection tools by leveraging the local knowledge and expertise of the nation’s most trusted brands. Through its independent subsidiaries Frontier Fire Protection, LLC, Elite FPS, LLC and RCI Systems, Inc., National Fire & Safety is the trusted choice for fire protection and life safety solutions in seven states across the Western U.S. Its subsidiaries collectively service a variety of end markets, including retail, healthcare, education, government, industrial, distribution and residential. For more information on National Fire & Safety, please visit www.natfiresafety.com.
About Highview Capital, LLC
Highview Capital, LLC is an opportunistic private equity investment vehicle headquartered in Los Angeles, CA with approximately $500 million in assets under management providing transformational equity. Highview leverages its creative vision and expertise to partner with management teams of leading middle-market businesses undergoing periods of transformation, including growth, expansion or performance improvement. For more information, visit www.highviewcp.com.
Sard Verbinnen & Co
Nate Johnson / Suzanne Byowitz
310-201-2040 / 212-687-8080