Boyne Capital acquires Rapid Fire Protection.
BANKING AND CREDIT NEWS-July 22, 2019-Boyne Capital acquires Rapid Fire Protection
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Boyne Capital ("Boyne") has announced that it has acquired Rapid Fire Protection ("Rapid Fire" or the "company"), a full-service fire protection solutions firm specializing in the design, installation, inspection, testing, and maintenance of fire suppression and alarm systems across the Midwestern and Western US, the company said.
Headquartered in Rapid City, South Dakota, Rapid Fire has served the fire protection market since 1993, working closely with developers, owners, and operators of large-scale facilities, including commercial and government buildings as well as multi-family and mixed-use residential properties.
Additionally, the company's industrial services division develops custom-engineered fire suppression solutions for critical asset and special hazard applications across a variety of end markets including petrochemicals, mining, aviation, and agriculture. Visit www.rapidfireinc.com for additional information.
The Rapid Fire transaction represents the most recent platform investment in BCM Fund I. Boyne Capital is dedicated to investing in the lower middle market sector, specifically companies with revenues of less than USD 100 million and EBITDA of USD 2 million to USD 10 million.
Boyne Capital is a Florida-based private equity firm focused on investments in lower middle market companies. Founded in 2006, Boyne has successfully invested in a broad range of industries, including healthcare services, consumer products, niche manufacturing, and business and financial services among others.
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