TorQuest Partners successfully completes sale of Onyx-Fire Protection Services
On July 10, 2024, TorQuest Partners (“TorQuest”) announced that it completed the sale of Onyx-Fire Protection Services (“Onyx-Fire”). Terms of the transaction were not disclosed.
Further information can be found on TorQuest’s website.
Onyx-Fire is Canada’s leading independent provider of fire and life safety services. It provides critical fire protection services including testing, inspection, repair, retrofit, upgrade, and installation services to ensure that its customers are safe and compliant with stringent regulatory and insurance-related fire safety standards.
TorQuest Partners, based in Toronto, Ontario, is one of Canada's original private equity firms, with more than 20 years' experience building middle-market leaders across multiple industries. It invests in middle market companies and works in close partnership with management to build value. With more than C$5.0 billion of equity capital under management, TorQuest announced the official closing of TorQuest Partners Fund VI, a C$2.27 billion fund, in December 2023.