DALLAS, TX | June 8th, 2022– Rosewood Private Investments’ (“RPI”) portfolio company, Eagle Fire Inc. (“Eagle Fire”), is pleased to announce the acquisitions of Carlton-Gray Systems and Teem Sprinkler.
Derry Burns, Director of RPI, said, “We are thrilled to expand the Eagle Fire platform through the acquisitions of these two companies. Carlton-Gray and Teem Sprinkler are perfect examples of the types of businesses that we seek to acquire with capabilities and a culture that are complementary to those of Eagle Fire, and we look forward to watching these partnerships thrive.”
Carlton-Gray Systems is a provider of inspection, service, monitoring, and installation of fire alarm and life safety systems in the Richmond, Virginia market.
Ray Clarke, President/CEO of Eagle Fire, said, “It is a pleasure to partner with two companies that are recognized as leading fire alarm and sprinkler system providers with trusted names. These acquisitions are another important step in the growth of Eagle Fire and we look forward to their continued growth and success.”
Teem Sprinkler is a provider of fire protection solutions including fire sprinkler design, fabrication, installation, repair, inspection, and maintenance services.
Keith Hawks, President of Teem Sprinkler said, “To find a partner to foster our organic growth in a way that aligns with our values and who can help expand our services in ways previously unimagined is a gift to both our employees and customers.”
About Eagle Fire: Founded in 1987 and headquartered in Richmond, VA, Eagle Fire is a leading provider of recurring inspection, testing, maintenance, and construction of fire protection systems to industrial, commercial, and government customers across the Southeast. Eagle Fire presently serves customers out of nine offices in Virginia, North Carolina, and South Carolina. Visit www.eaglefire.com to learn more.
About Rosewood Private Investments: Rosewood has a long history of investing in and creating value within numerous industries. RPI’s approach to working with operating partners to strategically grow companies through acquisitions and organic means has proven successful for all stakeholders. Our current holdings are focused on industrial services, fire & life safety services, IT services, and manufacturing technologies. In addition to these areas, we are pursuing new platforms in specialty chemicals, transportation & logistics, and outsourced business services, among others. We welcome any information about investment opportunities within these verticals.