Marmic Fire & Safety Co., Inc.
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Marmic Fire & Safety Co., Inc. - overview
Established
1951
Location
Joplin, MO, US
Primary Industry
Business Support Services
About
Based in Missouri, Marmic Fire & Safety Co. , Inc. offers advanced fire and life safety solutions, protecting diverse industries through tailored services that ensure compliance and safety for both people and properties. Marmic Fire & Safety Co.
, Inc. specializes in fire protection and life safety services. Founded in 1951 in Joplin, Missouri, the company has undergone strategic development to enhance its service delivery. The CEO is Greg Bochicchio and Kevin Biando.
As of July 2024, Marmic was acquired by KKR from HGGC, a move aimed at scaling its fire safety services platform. The company has completed 3 deals to date, with the most recent being in July 2024. Marmic Fire & Safety specializes in comprehensive fire and life safety solutions, serving various industries including healthcare, education, hospitality, industrial, and retail. Their core offerings include fire protection systems, life safety services, and compliance solutions critical for safeguarding people and property against fire hazards.
With over 1,300 professionals, Marmic ensures personalized local support for more than 50,000 clients across states like Oklahoma, Kansas, and Arkansas, focusing on facility managers and business owners committed to safety. Marmic Fire & Safety generates revenue through service contracts, compliance assessments, and installation of fire protection systems. Their business model primarily engages in B2B partnerships, providing ongoing maintenance and support for fire and life safety systems, including multi-year service agreements that cover routine inspections and emergency repairs. The flexible pricing plans cater to various industries, enhancing client satisfaction and retention, establishing trust within the fire safety sector.
Following the acquisition by KKR in July 2024, Marmic Fire & Safety Co. , Inc. plans to accelerate its growth and enhance its services as a scaled fire safety platform. The company is focused on expanding into new geographic markets, with specific targets identified for growth by the end of 2025.
The recent funding will be utilized to support these initiatives, allowing Marmic to develop and launch new products in fire safety solutions, positioning itself for future market demands.
Current Investors
HGGC
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Consulting Services
Website
www.marmicfire.com/
Company Stage
Mature
Total Amount Raised
Subscriber access only
Marmic Fire & Safety Co., Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Marmic Fire & Safety Co., Inc. | - | ||||||||
| Add-on | Completed | F.L. Sons Fire Equipment, Inc. | - | ||||||||
| Add-on | Completed | West Memphis Fire Extinguisher Co. | - | ||||||||
| Add-on | Completed | Kansas City Fire and Security Limited Liability Company | - | ||||||||
| Add-on | Completed | APS FireCo | - |
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