A
Abu Dhabi Investment Authority
Acquirer counsel
Cleary Gottlieb Steen & Hamilton
Individual advisers not yet recorded
Rainmaker
Loading page...
Kirkland & Ellis advises Pye-Barker Fire & Safety on $6 billion sale to Abu Dhabi Investment Authority
Deal Overview
- Value
- $6bn
- Deal type
- M&A
- Structure
- Data in progress
- Status
- Data in progress
Advisors
ACQUIRER
Cleary Gottlieb Steen & Hamilton Overview
- Abu Dhabi Investment Authority invested through a wholly owned subsidiary in Pye-Barker Fire & Safety, an Atlanta-headquartered commercial fire protection services provider with nationwide offerings spanning inspection, testing, maintenance, repair and installation across fire detection, alarms, extinguishers, suppression, sprinklers and security alarm monitoring.
- The deal was a minority investment by ADIA, alongside GIC, into Pye-Barker; ADIA and GIC joined existing equity holders Altas Partners and Leonard Green & Partners, while Leonard Green added significant new capital and Altas kept majority ownership. Financial terms were undisclosed.
- The transaction closed in January 2025, leaving Pye-Barker backed by a broadened investor group that now includes ADIA, GIC, Altas Partners and Leonard Green & Partners.
P
Pye-Barker Fire & Safety
Seller counsel
Kirkland & Ellis
Michael E. Weisser, P.C.Partner
Shawn OHargan, P.C.Partner
2 lawyers involved
Kirkland & Ellis Overview
- Pye-Barker Fire & Safety is the largest fully integrated, full-service fire protection, life safety and security alarm services provider in the United States. Before this transaction, Altas Partners and Leonard Green & Partners were existing equity holders.
- The deal was a sale of minority stakes in Pye-Barker to a wholly owned subsidiary of Abu Dhabi Investment Authority and to GIC, while Leonard Green & Partners invested significant new capital and Altas retained majority ownership. Financial terms were not disclosed.
- The transaction was announced on January 10, 2025 and closed in the same month, with Altas remaining the majority owner after signing. The post-closing ownership included ADIA and GIC as new minority investors alongside existing backers.