APi Group Expands Electronic Security Presence in North America and Provides Business Update

APi Group Expands Electronic Security Presence in North America and Provides Business Update

APi Group Corporation (NYSE: APG) ("APi" or the "Company") announced that it has closed the acquisition of Evergreen Fire and Security ("Evergreen"), a systems integrator headquartered in Tacoma, Washington. Founded in 2000, Evergreen has more than 25 years of experience providing end-to-end electronic security and fire life safety solutions, including intrusion detection, access control, video surveillance, and fire alarm and detection services. The acquisition expands the electronic security capabilities of APi's North American Safety business, adding technical expertise and a more complete suite of service offerings. Evergreen is expected to contribute approximately $55 million in annual revenue and be accretive to APi's "10/16/60+" shareholder value creation framework.