Thompson Street portfolio company Marmic acquires FCS
Private equity firm Thompson Street Capital Partners’ (TSCP) portfolio company Marmic Fire & Safety Co (Marmic) has acquired Charlotte, North Carolina-based Fire Control Systems of Charlotte (FCS), a provider of commercial fire protection services.
Terms of the transaction have not been disclosed.
This is the fifth add-on acquisition completed by Marmic since partnering with TSCP in August 2018.
FCS specialises in testing, inspections, service, and sales of portable fire extinguishers, alarm systems, restaurant fire suppression systems, and exit and emergency lighting fixtures. FCS services thousands of locations across the eastern half of the United States.
According to Michael Teeter, Marmic CEO, says: “This is a large, transformative acquisition that nearly doubles our geographic footprint across the country, making Marmic one of the largest self-performing companies in the fire safety industry. We are excited to partner with the FCS team and work with them to continue their success.”