# How Private Equity Is Buying Up Fire and Security Companies

Page: https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-fire-and-security-companies
Text version: https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-fire-and-security-companies.md
Podcast: [The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions](https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630)
Published: 2026-07-07T16:55:33+00:00
Episode link: https://audio.fexingo.com/business/the-buyout-show/episode-0099.mp3
Audio file: https://audio.fexingo.com/business/the-buyout-show/episode-0099.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/episodes/how-private-equity-is-buying-up-fire-and-security-companies
Duration seconds: 602

## Resource

Episode 99 of The Buyout Show. Lucas and Luna drill into one of private equity's quietest roll-up plays: the consolidation of commercial fire protection and security monitoring companies. They walk through the numbers behind a single acquisition platform — Ficarino Holdings, which has aggregated over 50 regional fire alarm and sprinkler contractors since 2017 — and unpack the economics that make this sector irresistible to P-E firms: recurring service contracts, state-mandated inspection schedules, and sticky B2B relationships. They also discuss the risk that consolidation creates fewer supplier options for building owners and whether quality of service can survive multiple roll-ups. Specific case: how Ficarino went from a small Philadelphia outfit to a national player worth an estimated $2 billion by 2025. Concrete, skeptical, and well-sourced. #PrivateEquity #RollUp #FireProtection #SecuritySystems #FicarinoHoldings #CommercialRealEstate #BusinessAcquisition #ServiceContracts #Consolidation #InspectionRevenue #LucasAndLuna #TheBuyoutShow #FexingoBusiness #BusinessPodcast #Finance #Investing #SprinklerSystems #AlarmMonitoring Keep every episode free: buymeacoffee.com/fexingo

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