APi Group To Acquire CertaSite And Reaffirms 2025 Outlook

By Amit Chowdhry • Yesterday at 9:50 PM

APi Group Corporation announced that it has agreed to acquire CertaSite, a Midwest-based fire and life safety services provider built on an inspection-first operating model. The acquisition is scheduled to close in the first quarter of 2026, pending regulatory approvals, and will be financed with cash on hand.

APi said the deal will advance its long-term strategy to expand recurring inspection, service, and monitoring revenue, and will support its goal of reaching a 60 percent mix of inspection and service-related business.

CertaSite is expected to generate approximately ninety million dollars in revenue for the full year 2025. APi said the company’s asset-light model, strong customer base, and EBITDA margin profile align with APi’s value creation framework and will support continued free cash flow conversion. The company highlighted that the acquisition enhances its position as a leading provider of non-discretionary, regulatory-driven safety services across North America.

API also reaffirmed its expectations for the 2025 fiscal year, projecting that both net revenue and adjusted EBITDA will finish at or above the midpoints of the previously issued guidance ranges of $7.875 billion and $1.330 billion, respectively. The company said its balance sheet remains strong and anticipates a net leverage ratio below two times by year’s end. Management added that a continued focus on disciplined capital allocation, an inspection-first operating model, and a growing base of recurring service revenue position the company for sustained organic growth and additional value accretive acquisitions.

APi operates more than five hundred locations globally and provides mandated and contracted fire, life safety, security, elevator and escalator, and specialty services to long-standing customers across multiple industries.

KEY QUOTES

“We are excited to welcome the CertaSite team to the APi family and invest in each of our new teammates professionally and personally. CertaSite’s inspection-first business model aligns with our inspection-first flywheel strategy and is expected to contribute meaningfully to our long-term 60% business mix target. We look forward to partnering with our CertaSite teammates to achieve the opportunities created by this acquisition for both our organizations.”

“With one month left in the year, we approach 2026 with strong momentum and confidence in delivering on our full-year commitments. We expect net revenues and adjusted EBITDA for 2025 will be at or above the midpoint of the guidance range provided on October 30, 2025, of $7,875 million and $1,030 million, respectively. Additionally, our balance sheet remains strong, with our net leverage ratio expected to be below 2.0x by year end. Looking forward, we believe our proven operating model, built on our inspection and service-first strategy, purpose-driven leadership, and a disciplined approach to capital allocation, positions APi for sustained organic growth, margin expansion and value-accretive M&A.”

Russ Becker, President and Chief Executive Officer, APi

“This is a transformative milestone for CertaSite and its team members. Since 2018, we have built a leading fire and life safety service provider focused on recurring inspection and service opportunities with a strong base of loyal customers. APi is well known as a long-term owner of businesses with a reputation of caring for and developing its team, and we couldn’t be more excited to join the APi family to experience this first-hand. I’d like to thank all our CertaSite teammates for their ongoing dedication and hope they share in my excitement as we look forward to the next stage of our growth as part of the APi family.”

Jeff Wyatt, Chief Executive Officer, CertaSite