Caltius Equity Partners Completes Sale of Impact Facility Services

April 17, 2017

Caltius Equity Partners (“Caltius Equity”) announced today the sale of its equity interest in Impact Facility Services, LLC d/b/a Academy Fire Life Safety (“Impact”) to Boston-based Audax Private Equity (“Audax”). Impact is Caltius Equity’s third investment in the facilities services sector.

Impact is a leading national provider of integrated fire and life safety services, including complementary self-perform and vendor-managed operations. During its ownership, Caltius Equity partnered with Impact’s management to expand operations through three strategic acquisitions, build a best-in-class management team, and invest in technology to drive efficiencies and increase the company’s growth trajectory.

“Caltius Equity has been an excellent advisor and partner,” said Mike Lloyd, CEO of Impact.  “They understood our vision of creating a strong, service-focused fire and life safety services provider with multiple avenues of growth. Their strategic guidance and support helped us achieve significant growth over the past five years.”

“The Impact team generated impressive revenue and profitability growth during our investment period, and the company is well-positioned for the future,” said Michael Morgan, managing director at Caltius Equity. “We are confident that Mike Lloyd and his team will excel partnering with Audax, and we wish them continued success.”

Lincoln International and Sheppard Mullin Richter & Hampton LLP acted as financial advisor and legal counsel to the sellers, respectively.