Detroit’s Huron Capital announced today its California-based fire service and integrated solutions platform Sciens Building Solutions has acquired Florida’s Critical System Solutions, which provides safety systems and products. Details of the transaction were not disclosed.
“Critical System Solutions’ strong market presence on the West coast of Florida will further bolster our foothold in the state,” says Jim Mahoney, senior partner at Huron Capital. “We continue to look for additional partnership opportunities to support our accelerated growth strategy across the country.”
Critical System Solutions was founded in 2005 and specializes in the design, installation, and maintenance of fire detection, security, access control, and sprinkler systems. It serves the commercial, retail, industrial, educational, hospitality, and health care markets.
“We believe Critical System Solutions’ commitment to delivering the highest level of customer service, along with its strong service capabilities, make the company a great fit for our Sciens family,” says Terry Heath, CEO of Sciens. “The CSS team joins the hundreds of existing Sciens employees across the state of Florida, which we expect will allow us to provide unparalleled levels of local service to existing and new customers.”
This is the latest transaction for Sciens since Huron Capital created the platform in 2016 to pursue a buy-and-build investment strategy in the fire service and integrated solutions sector. Sciens acquired Empire Electric Maintenance as well as Service and Empire Fire Safety, both in Florida, earlier this year.
Huron Capital is a private equity firm that works to grow lower middle-market companies through its ExecFactor buy-and-build investment models. Over the past two decades, Huron Capital has successfully established six investment funds totaling approximately $1.8 billion in capital and has completed more than 175 transactions throughout North America.