Introduction I first heard of APi Group from my friend Market Euphoria, so let’s start by giving him a shoutout. You can find him on Twitter or his recently started Substack. APi Group is the largest provider of life and safety services globally. Founded in 1926, and public via SPAC in October 2019 APG inspects fire alarms, sprinklers, HVAC systems and critical infrastructure . Exhibit A shows the company's revenue base today and its diversification by end market. APG’s core strategy is simple: acquire small established owner-operated life safety businesses, provide them with the support and resources of the mothership and let them operate with autonomy. I believe there are two key questions to answer:
APi Group [APG]
APi Group [APG]
APi Group [APG]
Introduction I first heard of APi Group from my friend Market Euphoria, so let’s start by giving him a shoutout. You can find him on Twitter or his recently started Substack. APi Group is the largest provider of life and safety services globally. Founded in 1926, and public via SPAC in October 2019 APG inspects fire alarms, sprinklers, HVAC systems and critical infrastructure . Exhibit A shows the company's revenue base today and its diversification by end market. APG’s core strategy is simple: acquire small established owner-operated life safety businesses, provide them with the support and resources of the mothership and let them operate with autonomy. I believe there are two key questions to answer: