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AE Industrial Sells Altus Fire & Life Safety to Apax Funds

September 3, 2024SSN Staff

NEW YORK — Altus Fire & Life Safety (Altus) has announced that it has received a strategic investment from funds advised by Apax Partners LLP (“Apax”), a global private equity advisory firm. Financial terms of the transaction with AE Industrial Partners, a leading private equity firm specializing in national security, aerospace, and industrial services, were not disclosed. According to the company, Altus has grown rapidly in the past few years, both organically and via strategic...

Altus Fire and Life Safety, Apax Partners, Austen Dixon, investment, John Adams, private equity