Impact Facility Services Acquires Academy Fire Protection
January 15, 2013
Los Angeles, CA (January 15, 2013) – Impact Facility Services, LLC, a portfolio company of Caltius Equity Partners, has acquired a controlling interest in Academy Fire Protection, Inc. Founded in 1991, Academy is a leading provider of fire inspection and repair services for commercial and industrial customers nationwide. Impact is a leading provider of fire inspection and repair services for commercial and industrial customers in Texas.
In 2012, Caltius partnered with industry veterans, Michael Lloyd and Steven Shaffer, to invest in Impact. The Impact investment marks the second time Caltius has partnered with Lloyd and Shaffer, having previously worked with them during Caltius’ investment in Consolidated Fire Protection.
“The addition of Academy’s unique service model will significantly expand our service capabilities across the country,” said Michael Lloyd, CEO of Impact.
Michael Morgan, Caltius Managing Director and Impact board member, stated, “We are excited about the growth potential for Impact and Academy as this acquisition enhances the combined company’s service platform and further strengthens the company’s position as a strategic partner to its customers.”
Based in Los Angeles, Caltius Equity Partners has been making growth and control equity investments since 1999. Caltius Equity Partners invests in business services, consumer services & products, healthcare services, and specialty chemicals industries. For more information, please visit www.caltiusequity.com or call (310) 996-9566.