Bundy Group, a 32-year-old, industry-focused investment bank, announces that it has advised Commercial Fyr-Fyters, a full-service fire protection company, in a sale to Pye-Barker, an industry-leading fire protection company with over 70 locations nationwide. The transaction was led by Jim Mullens, Managing Director with Bundy Group, and marks the company’s fourth Fire, Security & Safety transaction within the past three years.
David Harrison, President of Commercial Fyr-Fyters, commented, “We are excited to partner with Pye-Barker and feel it’s in the best interests of our customers and employees for continued long term success of the company. We feel Pye-Barker, with its long history and successful acquisition strategy, will continue the legacy that we have built over the years.”
“Commercial Fyr-Fyters has built an outstanding company over the last 60 years of operation,” commented Jim Mullens. “The company has continually demonstrated its ability to form lasting relationships with customers and to deliver timely results. Bundy Group was excited to have advised the Commercial Fyr-Fyters team and to have closed yet another transaction in the fire, security & safety sector.”
David Harrison indicated that the company hired Bundy Group “based on the team's experience in the fire protection industry, ability to understand and best position clients, and strong reputation.” He added, “I am very pleased with the strong valuation that you helped obtain --30% higher than the original offer--and a new owner that will help to support the management team with future growth. Thank you again for your tremendous work in the successful sale of Commercial Fyr-Fyters. The sale to Pye-Barker…was exactly the kind of result we were hoping for when we engaged Bundy Group. The due diligence and negotiation processes were artfully managed by Jim Mullens, which helped to reduce friction during these steps and move this forward to a quick deal close. I was delighted with the work of Jim Mullens, Managing Director, and the exceptional outcome that Bundy Group delivered.”
Commercial Fyr-Fyters is a full-service fire protection company that offers comprehensive fire protection services, including fire extinguishers, fire suppression systems, fire alarm systems, fire sprinkler systems, exit/emergency lighting, and hood cleaning. The company also handles SCBA and SCUBA hydrotesting in its DOT testing facility.
Pye-Barker Fire & Safety is a leading provider of fire and life safety protection services, with headquarters in Atlanta, Georgia and over 70 locations spanning the Continental US. Since its founding in 1946, Pye-Barker Fire’s core values have been unwavering in providing honest and reliable service through its highly trained and dedicated employees. Pye-Barker Fire invests heavily in providing best-in-class training for its team while offering industry competitive benefits.
Bundy Group is an industry-focused investment bank that specializes in representing business owners and management teams in business sales, acquisitions, and capital raises. The 32-year-old firm has closed more than 250 transactions, specializing in several industries, including fire, security & safety; chemicals; healthcare and life sciences; technology; energy and power; and infrastructure. For more information about our industry expertise and other recent transactions, visit https://bundygroup.com/industry-expertise/. Securities offered through Bundy Group Securities, LLC, Member FINRA. Check the background of Bundy Group Securities, LLC at FINRA's BrokerCheck.