M&A in the fire safety market is being driven by automation and strong appetite from private equity investors.
A growing market
The fire safety market is growing strongly as more stringent regulations are adopted to prevent and reduce loss from fire. These drivers mean that the sector is increasingly attractive for global industrial players and private equity investors. Aside from the legislative drivers, there are other significant reasons for growth in the fire safety market. A key feature is the need for the automation of fire protection and suppression systems.