Content of the study
Not least due to the political goal of climate neutrality, technical building equipment (TBE) is now more than ever a popular investment area for private equity. Fire protection is a sub-sector of technical building services that is usually less experienced by investors and is also less prominent in the public eye. Wrongly so, in our opinion, as numerous key figures as well as successful takeovers and value creation stories by investors in recent years prove the attractiveness of this sector. Technical fire protection in particular, which deals with the prevention and active combating of fires and is therefore more technologically complex than passive fire protection, for example, is worth a closer look.
Drivers such as an increasing proportion of large-scale projects in new construction and renovation projects (and the associated higher penetration rate for fire protection), stricter requirements and regulations and continued high demand in the non-residential construction segment are ensuring sustainable growth. At the same time, it is becoming more difficult for new competitors to enter the market due to the required certifications, the prevailing shortage of skilled labour and increasing demand for integrated products and services.
Due to these promising conditions, buy-and-build concepts, digitalisation and/or internationalisation offer potential to generate further growth in terms of both turnover and profitability. Consequently, in this study we would like to provide you with a brief introduction to the topic of fire protection, outline current trends and drivers and outline potential for further value growth.
PLEASE NOTE: The study is currently only available in German.