AcquisitionsAPG announced that it has closed on its acquisition of Elevated Facility Services Group, a provider of elevator and escalator maintenance, repair, and modernization services.
Financial PerformanceAPi Group reported 1Q adj. EBITDA and EPS above consensus.
Growth StrategyAPG's strategy to expand its recurring and regulatory-mandated inspection/maintenance services business, both organically and through tuck-in M&A, is viewed positively.