Security/fire industry described as ripe for consolidation amid retirement wave

On a podcast, an operator describes the security and life-safety industry as having a massive retirement wave of owners wanting to exit and a tremendous amount of consolidation, framing it as an attractive acquisition/roll-up environment.

“There's a massive retirement wave of folks that are moving out of the industry and want to exit. There's a tremendous amount of consolidation, a lot of recurring and reoccurring revenue, and a lot of stuff about it that sort of excited me.”

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