Sciens Building Solutions Expands with FS&S Acquisition
Deal News | Jan 22, 2025 | Globenewswire
Sciens Building Solutions, headquartered in San Francisco and financially supported by The Carlyle Group, has announced the acquisition of Fire Security & Sound Systems (FS&S), based in Latham, New York. Founded in 2008, FS&S has specialized in providing life safety and security integration services across various sectors including education, healthcare, and commercial industries. The acquisition marks Sciens' latest strategic movement to strengthen their presence in the Northeastern United States, adding to their portfolio of ten existing divisions in the region. Sean Reilly, president of FS&S, expressed confidence in Sciens' capability to uphold their commitment to customers and employees. Terry Heath, CEO of Sciens, highlighted that the acquisition aligns with their growth strategy in existing and new markets. Sciens remains dedicated to expanding their offerings in fire and life safety services, reinforcing its nationwide influence.
Sectors
- Fire and Life Safety
- Security Integration Services
Geography
- United States – The acquisition involves companies based in San Francisco, California, and Latham, New York, both located in the United States.
- Northeast United States – Sciens aims to expand its existing presence in the Northeast region by acquiring FS&S, emphasizing the geographic significance.
Industry
- Fire and Life Safety – The article focuses on companies involved in providing fire detection, fire sprinklers, and life safety services, making this classification relevant.
- Security Integration Services – The acquisition targets a company specializing in security integration, including fire alarms and sound systems, relevant to this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sciens Building Solutions | Bidding Company | Company | A fire and life safety company focused on protecting lives and reducing business risk through various systems design and integration. |
| Fire Security & Sound Systems (FS&S) | Target Company | Company | A New York-based company specializing in electronic systems integration for life safety and security solutions across diverse markets. |
| The Carlyle Group | Historical Investor | Company | A global investment firm providing financial backing to Sciens Building Solutions. |
| Sean Reilly | President of FS&S | Person | President of Fire Security & Sound Systems, who expressed confidence in the partnership with Sciens. |
| Terry Heath | CEO of Sciens | Person | Chief Executive Officer of Sciens Building Solutions, articulating the strategic importance of acquiring FS&S. |