Alpine Fire Engineers has successfully acquired a substantial £70m refinancing package, enabling strategic growth within the fire safety sector.
This financial backing has already facilitated the acquisition of DAS Fire Limited, a significant player in fire suppression technology.
Bury-based Alpine Fire Engineers has secured a robust £70m funding package, marking a pivotal moment in its growth trajectory. The funding, a collaboration between Shawbrook Bank and HSBC, has been instrumental in Alpine’s recent acquisition of DAS Fire Limited. This strategic move represents a significant step forward for Alpine, enabling it to enhance its capabilities in the fire safety sector.
Alpine’s acquisition of DAS Fire Limited, a specialist in fire detection and suppression systems, is a strategic fit. The incorporation of DAS Fire not only expands Alpine’s market reach but also brings in valuable expertise, particularly in providing solutions to the data centre market.
The management of DAS Fire will continue to lead its operations post-acquisition, ensuring continuity and stability within its team of 24 employees.
This funding package is designed to support Alpine’s ambitions to expand its operations further.
Alpine aims to emerge as the leading fire suppression specialist in complex environments, leveraging this financial support to achieve its goals.
With a strategic focus on expansion, Alpine is set to explore new markets and technologies, enhancing its competitive edge in the industry.
The last two years have been transformative for Alpine, aided by the partnership with its private equity backer, WestBridge. Under this alliance, Alpine has experienced impressive growth, including a notable increase in its workforce and modernisation of its IT systems.
WestBridge’s involvement has provided Alpine with the flexibility to pursue aggressive growth strategies and secure high-potential acquisitions like DAS Fire.
The inclusion of HSBC alongside Shawbrook Bank enhances Alpine’s financial robustness, providing a solid foundation for future growth endeavors.
This deal augments Alpine’s ability to maneuver strategically within the fire safety market, benefiting from increased financial flexibility and potential for innovation.
Alpine’s proactive approach, supported by its partners, is anticipated to drive substantial growth in the coming years.
Steven Nanda, CEO of Alpine Fire Engineers, expressed gratitude towards the financial partners, emphasising the positive impact on their expansion journey.
The collaboration with Shawbrook and HSBC is seen as a catalyst for Alpine’s continued growth and ambition to lead the industry in fire suppression solutions.
The deal saw contributions from various advisory firms, ensuring its successful execution. Clearwater served as debt advisors, while Pinsent Masons and Eversheds Sutherland provided legal counsel.
These advisors played pivotal roles in navigating the complexities of the refinancing package and acquisition process.
With strong financial backing and strategic acquisitions, Alpine Fire Engineers is well-positioned for future growth.
The partnership with Shawbrook, HSBC, and WestBridge will drive Alpine’s expansion, enhancing its market presence and innovation capabilities.
