APi Group Corporation announced an agreement to acquire CertaSite, a commercial fire protection and life‑safety services provider, in a transaction whose consideration has not been disclosed. The deal will be financed with cash on hand and is expected to close in the first quarter of 2026, subject to customary closing conditions and regulatory approvals.
The acquisition is a key component of APi’s “10/16/60+” strategy, which targets $10 billion+ in net revenues, a 16%+ adjusted EBITDA margin, and 60%+ of revenue from inspection, service and monitoring by 2028. By adding CertaSite’s established customer base and Midwest footprint, APi will accelerate its goal of generating 60% of revenue from recurring, inspection‑first services and strengthen its competitive position in the life‑safety market.
CertaSite is projected to contribute roughly $90 million in revenue in 2025 and is expected to be accretive to APi’s adjusted EBITDA. The acquisition will be financed with cash on hand, preserving APi’s strong balance sheet—its current ratio is 1.48 and liquid assets exceed short‑term obligations. APi’s prior quarter results show a steady upward trajectory: Q3 2024 net revenues of $1.8 billion and adjusted EBITDA of $245 million; Q1 2025 net revenues of $1.7 billion and adjusted EBITDA of $193 million; Q2 2025 net revenues of $1.99 billion and adjusted EBITDA of $272 million.
Following the announcement, APi updated its full‑year 2025 guidance to expect net revenues and adjusted EBITDA at or above the midpoint of its previously announced guidance of $7.875 billion and $1.03 billion, respectively. The guidance lift reflects management’s confidence in the combined company’s ability to generate additional recurring revenue and maintain margin expansion.
Management emphasized the strategic fit: “We are excited to welcome the CertaSite team to the APi family. CertaSite’s inspection‑first business model aligns with our inspection‑first flywheel strategy,” said Russ Becker, APi’s President and CEO. Jeff Wyatt, CertaSite’s CEO, described the deal as a “transformative milestone” for his company.
The transaction positions APi to deepen its presence in the Midwest, enhance its service portfolio, and accelerate progress toward its 10/16/60+ targets, reinforcing the company’s high‑margin, recurring‑revenue focus.
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