Fire Control Systems of Charlotte Inc.
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Fire Control Systems of Charlotte Inc. - overview
Established
1978
Location
Charlotte, NC, US
Primary Industry
Business Support Services
About
Fire Control Systems of Charlotte Inc. specializes in advanced fire protection and safety solutions, offering products and services tailored for commercial, industrial, and residential sectors to ensure compliance and safety against fire hazards. Founded in 1978, Fire Control Systems of Charlotte Inc. provides specialized fire protection services.
The company was acquired by Marmic Fire & Safety Co. , Inc. on December 5, 2019. The firm is headquartered in Charlotte, US.
The founder's background is not detailed in available resources. Fire Control Systems, now integrated into Marmic Fire & Safety, specializes in providing advanced fire protection and safety solutions tailored to diverse industry needs. Their core product offerings include fire alarms, suppression systems, and safety equipment designed to safeguard commercial, industrial, and residential properties. These products are essential in mitigating risks associated with fire hazards, ensuring compliance with safety regulations, and protecting lives and property.
Fire Control Systems serves a broad client base, including businesses in manufacturing, healthcare, education, and hospitality sectors, among others. The geographical markets for these products extend across various regions, with a focus on urban and suburban areas where there is a significant demand for comprehensive fire safety solutions. The revenue structure of Fire Control Systems primarily revolves around B2B transactions, providing fire protection services and equipment to a range of commercial clients. Typical transactions involve direct sales of fire safety systems, alongside ongoing service contracts for maintenance and inspections.
The service agreements ensure that clients receive regular updates and support for their fire safety systems, thereby enhancing the longevity and reliability of the equipment. Flagship offerings, such as state-of-the-art fire suppression systems and alarm installations, are priced based on project scope and complexity, although specific pricing plans are tailored to individual client needs. This transactional model secures initial sales while fostering long-term relationships through continued service engagements, reinforcing the company’s market position. Following its acquisition by Marmic Fire & Safety in December 2019, Fire Control Systems is focusing on expanding its product line to include new fire safety technologies slated for release in the upcoming years.
The company aims to penetrate new geographic markets, particularly in the Southeastern and Southwestern regions of the US, targeting a strategic rollout by 2023. Funding from the acquisition is expected to support these initiatives, enhancing product development and market entry strategies.
Current Investors
Marmic Fire & Safety Co., Inc.
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services
Website
www.firecontrolsystems.biz
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Fire Control Systems of Charlotte Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Fire Control Systems of Charlotte Inc. | - |
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