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Fire & Security
Fire protection, home security, and alarm monitoring
3 PE-owned brands|14 locations tracked
What PE Ownership Means for This Industry
40% fee increase
Apollo's ADT acquisition led to price increases and long-term contracts
After Apollo's $6.9B acquisition, ADT increased monitoring fees and imposed mandatory multi-year contracts with high early termination penalties.
Source: Consumer Reports, 2019
PE-Owned Brands
ADT
PE-Owned1 impact
Owned by Apollo Global Management
Largest home security company in the US. Apollo acquired in 2016 for $6.9B, took public in 2018
4 locations tracked
Pye-Barker Fire & Safety
PE-Owned
Largest PE-backed fire protection platform, aggressively acquiring local fire protection companies
4 locations tracked
Vivint Smart Home
PE-Owned
Owned by The Blackstone Group
Smart home and security company, Blackstone-backed before NRG Energy acquisition
6 locations tracked