Cennox’s Acquisition of FireKing Safety and Security

Goodwin Procter advised Cennox on the deal.

Cennox announced its acquisition of FireKing Safety and Security. The deal enables Cennox to enter the traditional and smart safe manufacturing business, and further expands its deployment and maintenance services across FireKing’s 1,000-plus customers.

Cennox, a portfolio company of York Capital Management’s private equity group (York Private Equity), provides integrated services and solutions to the financial services, commercial, retail, and transportation industries. Cennox was the third platform investment completed by York Capital’s middle-market private equity fund, York Special Opportunities Fund III, an $800 million dedicated fund raised in April 2020.

York Private Equity seeks to partner with founders and entrepreneurs to help facilitate and support organic and inorganic growth in industries such as financial and business services, healthcare services, consumer/retail, and industrials.

FireKing is a U.S.-based financial safe and services business previously owned by Pfingsten Partners.

The Goodwin team was led by Joshua Ratner (Picture), Katherine Baudistel, Jeffrey Koh, Akash Kumar, Gady Levy Boneh, and Agnes Delfosse (Corporate); and included Todd Pollock and Nicole Spiteri (Tax); Sarah Bock and Eric Graffeo (ERISA & Executive Compensation); Eric Roth and Joni Noggle (Employment); Bruce Rader, Jennifer Necas, Karim Popatia, and Hannah Shepherd (U.S. Debt); Richard Hughes, Laurent Bonnet and Anne Kaye (U.K. Debt); Danielle Reyes (Regulatory); Brenna Moorhead (Real Estate); Nathan Brodeur (Environmental); Steven Argentieri (Intellectual Property); Jacqueline Klosek and Joshua Fattal (Data, Privacy & Cybersecurity); Jordan Weiss (Litigation); Cecelia Lockner (Insurance); with invaluable assistance from Koray Bulut (Employment) and Rebecca Searle, Nico Ramos and Isaac Newell (Corporate).

Involved fees earner: Steven Argentieri – Goodwin Procter; Katherine Baudistel – Goodwin Procter; Sarah Bock – Goodwin Procter; Laurent Bonnet – Goodwin Procter; Nathan Brodeur – Goodwin Procter; Koray Bulut – Goodwin Procter; Joshua Fattal – Goodwin Procter; Heidi Goldstein Shepherd – Goodwin Procter; Eric Graffeo – Goodwin Procter; Richard Hughes – Goodwin Procter; Jeffrey Kessler – Goodwin Procter; Jacqueline Klosek – Goodwin Procter; Akash Kumar – Goodwin Procter; Gady Levy Boneh – Goodwin Procter; Cecelia Lockner – Goodwin Procter; Brenna Moorhead – Goodwin Procter; Jennifer Necas – Goodwin Procter; Joni Noggle – Goodwin Procter; Todd Pollock – Goodwin Procter; Karim Popatia – Goodwin Procter; Bruce Rader – Goodwin Procter; Nico Ramos – Goodwin Procter; Joshua Ratner – Goodwin Procter; Danielle Reyes – Goodwin Procter; Eric Roth – Goodwin Procter; Nicole Spiteri – Goodwin Procter; Jordan Weiss – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: Cennox PLC ;

Martina Bellini

Author: Martina Bellini