ADIA as Co-Investor in Acquisition of Pye-Barker

Cleary Gottlieb represented a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) in its minority investment in Pye-Barker Fire & Safety LLC (Pye-Barker).

In addition to ADIA, an affiliate of GIC Private Limited (GIC), a global institutional investor, also invested in Pye-Barker. ADIA and GIC joined existing equity holders Altas Partners (Altas) and Leonard Green & Partners L.P. (LGP), as investors in the company. As part of the transaction, LGP invested significant new capital into the company while Altas retained the majority of its ownership interest. Financial terms were not disclosed.

The closing of the transaction occurred in January 2025.

Headquartered in Atlanta, Georgia, Pye-Barker is the leading privately owned commercial fire protection services provider in the U.S. The company’s service offerings include inspection, testing, maintenance, repair, and installation of fire detection systems, fire alarms, fire extinguishers, fire suppression and sprinkler systems, and security alarm monitoring services for businesses nationwide.