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Api Group Corp - APG STOCK NEWS

Welcome to our dedicated page for Api Group news (Ticker: APG), a resource for investors and traders seeking the latest updates and insights on Api Group stock.

Overview of APi Group Corp

APi Group Corp (APG) is an expansive, multi-segment specialty contractor with a robust presence in the construction, life safety, and infrastructure services industries. Combining the tailored approach of small‐to‐medium sized companies with the operational strength of a large industry player, APi Group Corp is renowned for its comprehensive integrated systems and specialized infrastructure solutions. The company employs advanced fire protection systems, HVAC installations, entry and occupancy systems, and specialized maintenance services to address the critical needs of commercial, educational, healthcare, high-tech, industrial, and special-hazard environments. Employing integrated safety, technological innovation, and precise engineering, APi Group Corp delivers dependable outcomes for complex construction and maintenance challenges.

Core Business Segments

Safety Services Segment: This sector focuses on delivering an end-to-end suite of integrated occupancy systems that include design, installation, inspection, and ongoing service. The segment is dedicated to protecting properties and lives through sophisticated fire protection solutions, state-of-the-art HVAC systems, and secure entry solutions. Operating in diverse market segments such as commercial premises, education centers, healthcare facilities, and high-tech industrial settings, APi Group Corp ensures robust and compliant safety systems that adhere to rigorous standards.

Specialty Services Segment: The company extends its expertise into the realm of infrastructure by providing specialized services that maintain and repair vital utilities. This includes comprehensive care for underground electric, gas, water, sewer, and telecommunications infrastructures. These essential services support the lifelines of urban and industrial environments, ensuring continuity and safety in operations and public services.

Operational Excellence and Market Position

APi Group Corp has structured its business operations to integrate a hands-on approach with wide-ranging industry expertise. With a network that spans over 200 locations worldwide, the company leverages its decentralized management model to offer personalized service while benefiting from the collective strength and efficiencies of a large organization. This unique operational framework fosters innovation and excellence in both specialized construction and critical infrastructure maintenance.

Industry Expertise and Business Model

At its core, APi Group Corp is committed to delivering safety and infrastructure solutions that are both comprehensive and tailored to highly regulated and technical environments. The company remains focused on areas where complex safety regulations and infrastructure challenges come together, employing advanced technological methodologies and precise engineering practices. APi Group Corp underscores its authority in the market by emphasizing systematic attention to detail and a deep understanding of industry standards and client expectations.

Competitive Landscape

Operating in a competitive industry, APi Group Corp differentiates itself through its dual-focused approach and breadth of expertise. With an emphasis on high-quality workmanship and integrated solutions, the company stands out by offering both specialized safety systems and extensive infrastructure maintenance services, addressing a wide range of customer needs. This integrated methodology not only enhances operational efficiency but also reinforces its reputation as a trusted and impactful provider in the specialty contracting sector.

Organizational Strength and Commitment to Leadership

The company is also committed to leadership development within its ranks. Through a focus on employee empowerment and continuous professional growth, every team member is encouraged to contribute to the company's innovative approaches and operational excellence. This commitment to cultivating leadership at all levels further solidifies its market reputation and reinforces its ability to deliver reliable, expertly managed services across its operating segments.

Overall, APi Group Corp serves as a multi-dimensional entity that combines in-depth industry expertise with a flexible, responsive business model. The company’s ability to merge traditional construction practices with modern innovations in safety and infrastructure maintenance makes it a distinctive entity in its field, offering a comprehensive perspective on solving complex construction and utility challenges.

Rhea-AI Summary
L Squared Capital Partners announces the pending sale of Elevated Facility Services to APi Group The transaction is expected to close in Q2 2024, subject to regulatory approval. L Squared highlights the successful partnership with Elevated's leadership team and the strategic investments made during their ownership period, resulting in significant revenue growth and operational efficiency.
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APi Group acquires Elevated Facility Services Group for $570 million, expanding into the elevator and escalator services space. The acquisition is expected to enhance earnings per share, gross profit margin, and create cross-selling opportunities. Elevated's focus on non-discretionary services strengthens APi's service offering and drives financial results. The transaction is projected to contribute $220 million in annual revenue and align with APi's long-term net leverage target of less than 2.5x.
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APi Group Corporation (APG) senior leadership to participate in fireside chat at 2024 J.P. Morgan Industrials Conference. Webcast details available on APi's Investor Relations page.
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APi Group Corporation (APG) announced the upsize and pricing of a public offering of 10,569,106 shares of common stock by Blackstone Inc. and Viking Global Investors LP at $34.25 per share. The Selling Stockholders received shares upon conversion of Series B Preferred Shares. APi will not receive proceeds from the offering.
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APi Group Corporation (NYSE: APG) announces a public offering of 8,130,082 shares of common stock by Blackstone and Viking Selling Stockholders. The Selling Stockholders also grant underwriters an option to purchase additional shares. APi will not receive proceeds from the sale. The offering is made under a shelf registration statement filed with the SEC.
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APi Group Corporation (NYSE: APG) reported record full-year net revenues of $6.9 billion, with 6% reported and 5.5% organic growth. The company achieved a record reported net income of $153 million and adjusted EBITDA of $782 million, marking a 110% and 16.2% growth, respectively. They also announced a $1 billion share repurchase program.
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APi Group Corporation (APG) reports record financial results for 2023, with net revenues and adjusted EBITDA expected to exceed guidance. The company aims for mid-single-digit organic growth in 2024, driven by strong backlog and core inspection growth. APi's balance sheet strength allows for pursuing value-enhancing capital allocation strategies, including M&A acceleration.
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APi Group Corporation (NYSE: APG) announced the release of its financial results for the three months and full-year ended December 31, 2023, which will be discussed in a conference call on February 28, 2024. The company's senior leadership will also be participating in investor conferences.
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APi Group Corporation (NYSE: APG) has announced the repayment of an additional $175 million on its Term Loan due 2026, leaving $330 million outstanding. The company has repaid a total of $475 million of debt year to date and expects to end 2023 below its targeted net leverage ratio of 2.5x. APi's Chief Financial Officer, Kevin Krumm, stated that the recent paydown of debt represents a step forward in reducing leverage and strengthening the balance sheet, with plans to return to bolt-on M&A in 2023 and grow adjusted free cash flow in 2024.
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APi Group Corporation (NYSE: APG) has increased its Chubb value capture target by 25% to $125 million. The company expects to spend up to $125 million to capture these savings by the end of 2025. APi also anticipates double-digit core inspection organic growth and continued margin expansion across the business, aiming for a 13% (or more) Adjusted EBITDA margin by 2025. The company's backlog is strong, and its balance sheet is in a favorable position, expecting to end 2023 below the targeted 2.5x debt to Adjusted EBITDA ratio.
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FAQ

What is the current stock price of Api Group (APG)?

The current stock price of Api Group (APG) is $35.28 as of April 9, 2025.

What is the market cap of Api Group (APG)?

The market cap of Api Group (APG) is approximately 9.0B.

What are the main business segments of APi Group Corp?

APi Group Corp operates primarily in two segments: the Safety Services segment, which provides integrated life safety and occupancy systems, and the Specialty Services segment, which offers infrastructure and industrial maintenance services.

How does APi Group Corp ensure operational excellence in its projects?

The company combines personalized service from independent management with the strengths of a large-scale organization, leveraging a network of specialized companies to deliver innovative, integrated solutions.

In which regions does APi Group Corp offer its services?

APi Group Corp serves markets in North America, Asia Pacific, and Europe, ensuring comprehensive safety and infrastructure solutions across diverse geographic regions.

What industries benefit from APi Group Corp's services?

The company's services cater to a wide range of sectors including commercial, education, healthcare, high-tech, industrial, and environments with special-hazard requirements.

How does APi Group Corp differentiate itself from its competitors?

APi Group Corp differentiates itself through its dual-segment model that integrates advanced safety systems with specialized infrastructure services, ensuring tailored and complete project solutions.

What types of safety systems does APi Group Corp specialize in?

The company specializes in comprehensive safety solutions including fire protection, HVAC systems, and entry systems, providing integrated services that encompass design, installation, inspection, and maintenance.

How does the organizational structure of APi Group Corp contribute to its success?

With over 40 independently managed companies across a global network, the decentralized structure allows for personalized attention while benefiting from the centralized expertise and resources of a large organization.

What role does technology play in APi Group Corp's operations?

Technology is integral to APi Group Corp's approach, as it enables the integration of advanced safety protocols and precision engineering, ensuring both innovative solutions and compliance with industry standards.
Api Group Corp

NYSE:APG

APG Rankings

APG Stock Data

8.99B
246.80M
11.07%
80.56%
1.55%
Engineering & Construction
Services-to Dwellings & Other Buildings
Link
United States
NEW BRIGHTON