M&A
confidence high
sentiment positive
materiality 0.75
APi Group closes Onyx-Fire acquisition, raises full-year 2026 revenue and EBITDA guidance
APi Group Corp
- Closed acquisition of Onyx-Fire Protection Services, a Canadian fire and life safety provider, on June 8, 2026.
- Onyx-Fire expected to contribute ~$190M annual revenue and be accretive to APi's "10/16/60+" framework.
- Full-year 2026 net revenue guidance raised to $8,575M-$8,775M (from $8,475M-$8,675M).
- Full-year 2026 adjusted EBITDA guidance raised to $1,165M-$1,225M (from $1,150M-$1,210M).
- Q2 2026 guidance reaffirmed before Onyx-Fire's partial month contribution.