Align Collaborate Announces Equity Co-Investment with Right Angle Partners in Fire Protection Team
Align Collaborate Announces Equity Co-Investment with Right Angle Partners in Fire Protection Team
Align Collaborate has recently announced it has completed an equity co-investment with Right Angle Partners in Fire Protection Team. Headquartered in Cheshire, CT, FPT provides fire and life safety services to over 4,000 commercial and industrial customers across New England. The Company will continue under the leadership of second-generation owner Ned Nichols and remain committed to serving as an acquisition partner for family-owned businesses that want to preserve their legacy while accessing growth capital.
The Collaborate team of Grant Kornman, Michael Kornman, Bob Grebenc and Scott Weiss were pleased to support RAP with this differentiated platform. Grant said, “This is exactly the type of partnership we look for. RAP and Ned identified a real gap in the market—family business owners who want a different path forward.” Michael added, “We believe FPT has earned a reputation for integrity over three decades and now has the resources to back it up.”
Read full announcement here.