Citizens Capital Markets & Advisory served as the lead financial advisor to Eagle Fire, a provider of fire and life safety (FLS) services to high-complexity end markets across the Southeast, on its sale to Cobepa. Eagle Fire was previously a portfolio company of Rosewood Private Investments, a Dallas-based family office. As part of the transaction, Rosewood will remain invested in the business as a minority shareholder.

Eagle Fire, headquartered in Richmond, Va., offers a comprehensive suite of FLS services, including installation, retrofit, service and recurring inspections for sprinklers, alarms and low-voltage systems. Under the partnership with Rosewood, Eagle Fire experienced exceptional organic growth and executed a disciplined and deliberate acquisition strategy.

Ray Clarke, CEO of Eagle Fire, said: “The Citizens team provided immense leverage to the Eagle Fire management team throughout the entire engagement. They understood the company’s value proposition and crafted a compelling story that resonated with investors. It was a privilege to work with the Citizens team, and we are thrilled to partner with Cobepa during our next phase of growth.”

“The Citizens team served as a trusted advisor to Rosewood, providing sound guidance and crafting a bespoke and highly effective M&A process,” added Rosewood Managing Director, Derry Burns. “Their deep knowledge of the FLS sector was key to achieving a successful outcome for all parties. We greatly appreciate their efforts over the last several months, and we are excited to continue our partnership with Eagle Fire alongside Cobepa.”

Ryan Sugrue, Managing Director at Citizens, said: “We greatly appreciate the partnership with Eagle Fire and Rosewood on this transaction. Management has built an exceptional asset that is well-positioned for future growth. We are excited to follow their continued success with Cobepa.”