Farren Joins Classic Fire + Life Safety as CEO
Portfolio - People | Feb 07, 2025 | EIN
Classic Fire + Life Safety has announced the appointment of Mike Farren as the new CEO. With 34 years of experience in fire protection, life safety, and security industries, Farren has held roles including CEO of Vipond Inc. and Chairman of the Canadian Automatic Sprinkler Association. The company, formed by a merger in 2021, has rapidly grown by uniting with seven companies across Canada. Farren is expected to leverage his extensive industry experience and values-based leadership to further propel the company’s growth, while maintaining strong relationships with employees, clients, and partners. The recruitment of Farren marks a strategic move as the company embarks on its next growth phase.
Sectors
- Fire Protection and Life Safety
- Security
Geography
- Canada – The article focuses on Classic Fire + Life Safety which operates across Canada and is mentioned as one of the largest and fastest-growing companies in its sector within the country.
Industry
- Fire Protection and Life Safety – This industry is central to the article as Classic Fire + Life Safety is involved in providing fire protection and life safety solutions.
- Security – Relevant due to the involvement of the company and its new CEO, who has a background in the security sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Classic Fire + Life Safety | Target Company | Company | Canadian fire protection and life safety company formed from a merger, and rapidly growing through acquisitions. |
| Mike Farren | New CEO | Person | Experienced leader in fire protection and life safety industries, appointed as CEO of Classic Fire + Life Safety. |
| McCain Capital Partners | Private Equity Firm | Company | Managing partner firm of Classic Fire + Life Safety. |
| Vipond Inc. | Former Employer of CEO | Company | Company where Mike Farren served as president and CEO prior to his current appointment. |
| Canadian Automatic Sprinkler Association | Industry Association | Charity | Industry body where Mike Farren served as chairman of the board. |
| Zac McIsaac | Chairman of the Board | Person | Managing partner of McCain Capital Partners and chairman of Classic Fire + Life Safety who expressed confidence in Farren's leadership. |