Satori Capital makes Automatic Fire Protection acquisition

Private Equity Wire

Texas-based private equity firm Satori Capital has invested in Automatic Fire Protection, a provider of fire sprinkler and alarm systems in Texas.

The company’s services include installation, maintenance and inspections for sprinkler, alarm and extinguisher systems.

According to a press statement, AFP maintains the oldest active fire sprinkler license in Texas and employs around 150 employees. AFP said that it had “a leading position in each of its three core markets, a long-standing reputation for quality, and a state-of-the-art training facility to maintain and develop its team members’ technical skills”.

AFP’s CEO, Mike PeCoy, who joined the company in 2002, will continue in his role following the acquisition.

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