APi Group closes WTech Fire Group acquisition, raises 2026 guidance

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โดย Business Wire·Read original
Summary · why it matters

APi Group has completed its acquisition of WTech Fire Group, a European provider of fire sprinkler, suppression and detection solutions, and updated its full-year 2026 outlook. The deal, which closed on July 1, 2026, is expected to add approximately $175 million in annual revenue with a margin profile consistent with APi's international business. The company now projects 2026 net revenues between $8,660 million and $8,860 million, up from its prior range of $8,575 million to $8,775 million, and adjusted EBITDA between $1,177 million and $1,237 million, up from $1,165 million to $1,225 million.

Impact on stocks 1

Climate Adaptation & Water · 1 stocks
Api Group Corp
APG
▲ PositiveCapitalrelevance

Completed acquisition of WTech Fire Group and raised 2026 revenue and EBITDA guidance.

Off-coverage companies 1

WTech Fire GroupPrivate± Mixed
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