APi Group Completes Onyx-Fire Acquisition, Boosts 2026 Revenue Guidance to $8.575B-$8.775B
APG sits 36% above its 52-week low of $31.4 on light trading volume (0.4× avg).
Summary
APi Group has completed its acquisition of Onyx-Fire Protection Services, a Canadian fire and life safety provider. This follows the company's announcement of its intent to acquire Onyx-Fire on April 23rd and an 8-K filing earlier today. The acquisition is expected to add approximately $190 million in annual revenue and is accretive to shareholder value. Consequently, APi Group raised its full-year 2026 revenue guidance to $8.575B-$8.775B and adjusted EBITDA guidance to $1.165B-$1.225B, reflecting the positive financial contribution.
At the time of this announcement, APG was trading at $42.57 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $18.6B. The 52-week trading range was $31.40 to $49.99. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.