Integrated Fire & Security Solutions has been acquired by Fortis Fire & Safety

Fortis Fire & Safety has acquired Integrated Fire & Security Solutions (IFSS). The acquisition will enhance Fortis’ strategy of building multi-regional capabilities, expanding its presence in Florida and providing customers with a wider range of services to include a full spectrum of fire and life safety systems.

Founded in 2005, Integrated Fire & Security Solutions is the leading integrator of security and life safety systems in Florida, with five field offices across the state, over 85 service technicians and a broad installed base as well as additional operations in North Carolina via the acquisition of Diversified Systems, Inc. (DSI) in 2021. IFSS designs, implements, maintains and upgrades best-in-class security and fire protection systems for entrenched customers primarily in the K-12 education, branch banking, municipal and critical infrastructure end markets. It is a portfolio company of Newlook Capital and Fengate.

Newlook Capital is a private equity firm that manages industry-specialized funds and invests across the United States and Canada, while Fengate is a leading alternative investment manager, with more than US$8 billion of capital commitments under management, focused on private equity, infrastructure and real estate strategies.

Established in 2021, US-based Fortis Fire & Safety is building a next generation fire protection and integrated security platform, bringing together prominent companies from around the country to form a unified organization that better serves customers and their people. Fortis is a portfolio company of Imperial Capital.

Oaklins TM Capital in the USA served as the exclusive financial advisor to Integrated Fire & Security Solutions, Inc. in its sale to Fortis Fire & Safety. The partnership with IFSS enhances Fortis’ presence in the Southeast USA market and adds complementary security and life safety capabilities and expertise to the Fortis platform.