{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-230264","form_type":"8-K","ticker":"APG","cik":"0001796209","company_name":"APi Group Corp","filed_at":"2021-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.709290+00:00","generated_at":"2026-06-30T00:29:52.576973+00:00","sec_items":["1.01","2.03","3.02","3.03","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"APi Group to acquire Chubb fire & security for $3.1B, funded with cash and $800M preferred equity","bullets":["Enterprise value of $3.1B: $2.9B cash plus ~$200M assumed liabilities.","Financed with $800M perpetual convertible preferred: $600M from Blackstone, $200M from Viking Global.","Chubb had trailing 12-month revenue of ~$2.2B and adjusted EBITDA of ~$213M.","Transaction expected to close around year-end 2021, subject to regulatory approvals and works council consultation.","David Blitzer (Blackstone) will join APi board upon closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-230264","json":"https://secwatch.observer/filing/0001193125-21-230264.json","markdown":"https://secwatch.observer/filing/0001193125-21-230264.md","text":"https://secwatch.observer/filing/0001193125-21-230264.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1796209/000119312521230264/0001193125-21-230264-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1796209/000119312521230264/d146150d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T00:29:52.576973+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"926909f297","claim":"David Blitzer was elected as Series B Director at APi Group Corp.","evidence_excerpt":"The Blackstone SPA provides that the Blackstone Purchasers’ initial nominee to serve as Series B Director is David Blitzer, and that Mr. Blitzer will be elected to the Board immediately following the issuance of the Series B Preferred Stock.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1796209/000119312521230264/0001193125-21-230264-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Series B Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}