Mechanical Contracting / Services
Rapid City, SD
Rapid Fire Protection is a full-service fire protection solutions firm specializing in the design, installation, inspection, testing, and maintenance of fire suppression and alarm systems. The company focuses on large-scale systems for commercial and government buildings, industrial / special hazard facilities, and multi-family residential properties across the Mountain West region of the U.S.
Active. Pursuing growth by expanding into new markets through organic initiatives and strategic acquisitions.
Rapid Fire’s CEO and senior management team owned more than 85% of the company prior to Boyne’s investment and was seeking an investment partner to help expand the business into new service offerings and geographies. Boyne acquired a majority stake in the business, partnering with and providing liquidity to the senior management team, which retained a significant equity stake in the company post-transaction.