DENVER – SLATE Partners (SLATE) announced today that its Principals advised Frontier Fire Protection, LLC (Frontier Fire), headquartered in Denver, Colorado, on its sale to Champlain Capital, a San Francisco-based private equity firm.
Founded in 1960, Frontier Fire is the largest independent union fire and life safety services company in Colorado. The Company’s comprehensive service offering includes design, fabrication, and installation of new and retrofit fire suppression systems; repair, service, and inspection of fire systems; fire alarm design, installation, monitoring, and detection; and 24/7 emergency response. Frontier Fire serves a diverse and loyal customer base across a variety of end markets, including commercial, institutional, multi-family residential, and industrial sectors.
“Frontier Fire has been a fixture in the fire and life safety industry in the Rocky Mountain region for over 50 years.
As a well-respected brand and one of the industry’s only independent platform companies in the country, Frontier drew strong interest from strategic and financial buyers alike. We expect to see robust continued interest for companies within the building services vertical, particularly those with recurring and contractual revenue streams,” remarked Jason Munoz, co-founder and Managing Partner of SLATE.
Greg Londo, Frontier Fire’s President, commented “SLATE was the ideal partner in managing the recapitalization of Frontier. I selected SLATE due to their deep industry experience within facilities services, and specifically within fire and life safety services. Having a complete, fully committed deal team lifted much of the burden off of our management so they could focus on running the Company. SLATE’s expert guidance and detailed involvement throughout the entire process was invaluable in negotiating a transaction that delivered beyond our expectations.”
Frontier Fire was supported in the transaction by its accounting firm, EKS&H, and received legal counsel from Lewis, Bess, Williams & Weese P.C.
