Five Points Capital has made an undisclosed equity co-investment to back Blue Point Capital Partners‘ buyout of Fire & Life Safety America. Based in Richmond, Virginia, FLSA is a provider of fire and life safety system inspection, maintenance, repair and installation services. UPDATE: Twin Brook Capital provided $61 million in financing to back Blue Point’s buy of FLSA, a source said.
Correction: An earlier version of this report incorrectly identified Five Points Capital. The report has been updated.
Five Points Capital provides equity co-investment in support of Blue Point Capital Partners’ acquisition of Fire & Life Safety America (“FLSA” or the “Company”).
FLSA, founded in 1997 and headquartered in Richmond, VA, is one of the nation’s largest providers of fire and life safety system inspection, maintenance, repair and installation services. FLSA serves a diverse base of recurring inspection and monitoring accounts and has been recognized in the fire and life safety industry for its excellent service standards, which has in turn driven its rapid growth and development.
FLSA services customers from fifteen branch locations in the mid-Atlantic and southeastern United States, as well as an established national partner network. With over 20 years of knowledge and expertise, FLSA offers its customers a comprehensive suite of service capabilities for fire systems and products, including fire alarms, sprinkler systems, fire pumps, pipe/hose systems, fire extinguishers, kitchen hood suppression and emergency and exit signs. The Company’s services are each performed in accordance with federal, state and local mandates.
About Five Points Capital
Founded in 1997, Five Points Capital (“Five Points”) is a leading private equity manager, exclusively focused on the U.S. lower middle market. Five Points manages private equity, mezzanine and small buyout fund-of-funds strategies focused on supporting the capital needs of private, growth-oriented companies and financial sponsors. We make direct equity investments as the lead investor, or co-investor with other private equity groups, in control transactions of privately-held companies, we provide subordinated debt with equity co-investments in support of financial sponsors and others, and we invest in other private equity funds. Since inception, Five Points has managed over $1.3 billion in client committed capital, including the management of the BB&T Capital Partners funds. Five Points’ 23 member team is headquartered in Winston-Salem, NC and is an investment advisor registered with the U.S. Securities and Exchange Commission.