Private equity firm Huron Capital announced Tuesday that its Bay Area company Sciens Building Solutions has acquired Pleasanton-based Sabah International Inc.
Founded in 1972, Sabah designs, installs, services and maintains fire detection and suppression systems, as well as leak detection and integrated security systems. The company, headquartered in the Hacienda Business Park, primarily serves technology, healthcare, education and government entities, among others.
Terms of the transaction were not disclosed.
“I am very proud of the company we have built over the years and we could not have done it without our great employees,” Sabah CEO Michele Sabah said in a statement. “We chose to partner with Sciens because of our shared values and this exciting buy-and-build strategy, which we believe will allow our employees to further develop in their careers while remaining firmly focused on the satisfaction of customers.”
Added Sabah president Matt Ramsey, “With our ethos focused on people, quality and customer service, we think we have built an amazing company. We believe being part of Sciens will further reinforce our core beliefs and mission, plus provide new opportunities to Sabah employees.”
This is the third acquisition since September 2016 for San Francisco-based Sciens, which Huron Capital formed in partnership with CEO Terry Heath to pursue a buy-and-build investment strategy in the fire detection and security services sector.
“With three companies now under the Sciens umbrella and offices on both coasts, Sciens is becoming a significant player in the fire detection and security services arena,” said Jim Mahoney, partner at Huron Capital in a statement.
Based in Detroit, Huron Capital has raised over $1.7 billion in capital through six private equity funds and invested in over 135 companies.
