Benchmark International Facilitates Acquisition of Pinnacle Fire Systems by The Hiller Companies
TL;DR
Pinnacle Fire Systems, Inc. achieved an outcome well over initial client expectations through Benchmark International's transactional history, giving them a competitive advantage in a consolidating segment.
Pinnacle Fire Systems, Inc. provides fire systems solutions and total fire protection within commercial buildings, offering installation, inspection, and maintenance services.
The transaction between Pinnacle Fire Systems, Inc. and The Hiller Companies preserves lives and property worldwide, ensuring the safety and protection of the world.
Benchmark International has handled over $11 billion in transaction value across various industries, providing business owners with creative, value-maximizing solutions for growing and exiting their businesses.
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Benchmark International announced the successful acquisition of Pinnacle Fire Systems, Inc. by The Hiller Companies. Pinnacle, based in Apex, NC, specializes in fire systems solutions for commercial and industrial customers in the Southeast United States. Since its founding in 2001, Pinnacle has been providing comprehensive fire protection services, including installation, inspection, and maintenance of fire alarm and detection systems for commercial, healthcare, and multifamily buildings.
The Hiller Companies, headquartered in Mobile, AL, offers a wide range of fire protection and life safety products and services on a global scale. With offices across the United States, Hiller is dedicated to ensuring the safety and protection of lives and property worldwide.
William Sullivan, Senior Transaction Director at Benchmark International, noted that Pinnacle's founders, Rick Shores and Bart Arthurs, sought expert guidance on market valuation during the consolidation of their segment. Benchmark International's extensive experience in the sector enabled it to secure an outcome that exceeded initial expectations. Sullivan expressed confidence that Hiller is an ideal fit for Pinnacle, ensuring continued growth and success for the company.
This acquisition is significant as it underscores the ongoing consolidation within the fire protection industry. Companies like Pinnacle, which have established a strong regional presence, are becoming attractive targets for larger firms looking to expand their market reach and service offerings. The transaction facilitated by Benchmark International is expected to strengthen Hiller's position in the fire protection market, enhancing its capabilities and expanding its customer base.
For business owners in the fire protection and life safety sectors, this transaction highlights the potential for strategic acquisitions and the importance of expert guidance in navigating market valuations. As the industry continues to evolve, such consolidations are likely to become more prevalent, offering growth opportunities for both acquiring companies and those looking to exit their businesses.
Benchmark International's role in facilitating this transaction reflects its commitment to providing value-maximizing solutions for business owners. With a strong track record in mergers and acquisitions, the firm continues to play a pivotal role in shaping the future of various industries, including fire protection.
Curated from News Direct
