Altus Steps Up Fire Safety Game with Major Acquisition

Altus Fire and Life Safety, the full-service fire and safety platform, has purchased Massachusetts-based Priority Fire and Security, Inc. in a move that broadens Altus’s reach and deepens its service capabilities.

Priority Fire, a provider of comprehensive fire and security system services, will continue to have its founder and president, Steve Prior, actively involved. The specifics of the transaction, however, remain under wraps.

Bolstering Altus’ Platform with Priority Fire’s Expertise

Altus, established in May 2021, is part of the portfolio of AE Industrial Partners (AEI), a private equity firm with expertise in aerospace, defense, and various industrial markets. The Altus platform comprises nine distinct brands, including the newly added Priority Fire and Security.

Priority Fire, based in Clinton, Massachusetts, has been delivering fire safety and security services in the Greater Boston area since 2013. As a Honeywell Elite Partner, the company’s specialty lies in the sales, installation, and servicing of fire detection and protection systems, alongside a range of security products.

A strategic addition to the Altus family

Altus CEO, John Adams, highlighted the importance of this acquisition. “The addition of Priority Fire brings strategic advantages in both aligning with our focus on Honeywell engineered systems and expanding our service capabilities in the Northeast,” he commented. “This marks Altus’s second addition in the past month following our acquisition of CIA, and we’re pleased to welcome Steve and the outstanding Priority Fire team as we continue to become one of the leading consolidators in the fire and safety industry.”

Steve Prior, founder and president of Priority Fire, echoed Adams’s enthusiasm. “We’re excited to partner with Altus and AEI, who have the deep industry experience and relationships to help us build greater value in our business going forward,” he said.

About Altus

Serving customers for more than 100 years, Altus is a full-service fire and life safety services platform. Altus offers a complete suite of solutions, from the design, engineering, installation, and servicing of state-of-the-art fire and life safety systems to training, consulting, crisis management and business continuity services. 

About AE Industrial Partners

AE Industrial Partners is a private equity firm specialising in aerospace, defense and government services, space, power & utility services, and specialty industrial markets.