Holland & Knight Advises Lincoln Road Global Management Regarding Investment in Pro-Tec Fire & Safety
MIAMI (August 14, 2018) – Holland & Knight advised Lincoln Road Global Management, LLC, a Miami-based private equity firm, regarding its investment in Pro-Tec Fire & Safety. Atlanta-based Pro-Tec is a leading provider of fire extinguisher and safety services in the Southeastern United States. This is Lincoln Road's first transaction since the investment team was assembled under the leadership of managing partner Jeff Magny.
Lincoln Road makes investments in industry-leading businesses that have strong franchise value and can benefit from its operational expertise. The firm specializes in industrial, consumer retail and business services companies in North America with sales between $20 million and $150 million.
For more than 40 years, Pro-Tec has provided fire extinguisher and safety services, focusing primarily on commercial, municipal and multi-unit developments. The company is a fully licensed provider of services including the installation of fire alarms, sprinkler systems, fire extinguishers, kitchen hoods and emergency lighting systems. Pro-Tec also conducts monitoring, testing and inspection, all of which are code-driven (legally required) recurring revenue sources.
Holland & Knight Partners David Barkus and Jordan Taylor led the firm’s representation of Lincoln Road along with Associate Kyle Hershey. Mr. Barkus is the National Leader of Holland & Knight’s Private Equity Team.