Deal Details

Marmic Is Acquired by KKR

Technology & Services

Marmic, a portfolio company of HGGC, sale to KKR

Summary

Marmic Fire & Safety Co. (“Marmic” or the “Company”), a portfolio company of HGGC, LLC (“HGGC”), has been acquired by investment funds managed by KKR. Terms of the transaction were not disclosed.

Baird served as lead financial advisor to Marmic Fire & Safety Co. on this transaction.

About

Marmic specializes in the inspection and maintenance of fire protection equipment, including sprinklers, suppression systems, alarms and special hazard systems. With locations throughout the United States, the Company serves over 56,000 customers across commercial, industrial, education, government, multi-family and healthcare end markets. Marmic is headquartered in Joplin, Missouri.

HGGC is a values-driven, partnership-focused private investment firm. The firm’s ecosystem of investors, operators and professionals are united by the shared mission to develop leading enterprises and build long term value together. HGGC invests in technology, business services, financial services and consumer enterprises. The firm manages over $6.9 billion in cumulative capital commitments. Since its inception in 2007, HGGC has completed more than 600 platform investments, add-on acquisitions, recapitalizations and liquidity events with an aggregate transaction value of over $71 billion. HGGC is headquartered in Palo Alto, California.

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR is headquartered in New York, New York.

Technology & Services

Marmic, a portfolio company of HGGC, sale to KKR