APi Group Acquires Wtech Fire Group
APi Group Corporation entered into a definitive agreement to acquire Wtech Fire Group, a comprehensive provider of fire protection, suppression, and detection solutions across Europe. The transaction is expected to close in the second half of 2026, subject to customary closing conditions, including receipt of required regulatory approvals. Wtech is headquartered in Ireland and serves various European markets, including the United Kingdom, Ireland, Spain, Germany, and the Nordic region. As fire sprinkler and suppression services represent a key growth opportunity within APi's international business, the acquisition of Wtech meaningfully enhances APi's capabilities in this area and positions the Company to offer customers a more comprehensive, end-to-end fire and life safety solution across Europe. Wtech is expected to contribute approximately $175M in annual revenue, with a margin profile consistent with APi's international business.