EL7.AI
StocksMedium•18 April 2026•
1 min read

US-Based APi Group Acquires Wtech Fire Group to Bolster Fire Protection Portfolio

Key Facts

1US-listed APi Group Corporation acquired Mullingar-based Wtech Fire Group.
2Wtech Fire Group is expected to generate annual revenue of $175m.
3The deal marks the first exit for Waterland Ireland.

US-listed APi Group Corporation has entered into a definitive agreement to acquire Mullingar-based Wtech Fire Group, a specialist in fire protection systems. The acquisition is expected to integrate a business generating approximately $175 million in annual revenue into APi's growing portfolio. Notably, the deal marks the first significant investment exit for Waterland Ireland, which previously backed Wtech's expansion. This strategic move aligns with APi Group's broader expansion goals within the fire protection and maintenance sector. The transaction is projected to close in the second half of 2026, pending customary conditions. Analysts view this acquisition as a transformational step that strengthens APi's market position in high-demand safety services.