APi Group has raised its full-year revenue guidance and outlined plans to deploy about US$250 million into bolt-on acquisitions this year. President and CEO Russell Becker described a robust pipeline of bolt-on deals at attractive multiples, supported by a strong balance sheet that could also fund larger transactions if suitable targets emerge. The company is expanding its corporate development team and exploring the use of artificial intelligence for financial due diligence, with an ambition to scale annual bolt-on M&A deployment toward about US$350 million over time. The update comes as APi Group's shares have declined 13.63% over the past 90 days, even as revenue guidance and recent earnings moved higher.
Api Group CorpRaises full-year revenue guidance and plans $250M in bolt-on M&A, supported by strong balance sheet.