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RapidFire acquires Texas Star Fire Systems

RapidFire acquires Texas Star Fire Systems

RapidFire acquires Texas Star Fire Systems

ST. LOUIS – RapidFire Safety & Security recently announced its entry into the Texas market with the acquisition of Texas Star Fire Systems, a provider of fire protection and life safety services.

The company said that this acquisition establishes a foundational presence for RapidFire as it lays the course for rapid expansion in Austin, San Antonio, Houston, and the Dallas/Fort Worth area. Based in Austin and San Antonio, Texas Star will serve as RapidFire’s anchor as it expands throughout Texas and the South-Central region.

The company noted that its founders, Mike McLeod and Colin Harrold, are proven industry operators. In partnership with Concentric Equity Partners, McLeod and a team of industry veterans lead the company’s multi-regional “buy & build” strategy, building a world-class alliance throughout the Midwest, Southwest and Western US.

“The Texas markets are rapidly growing,” said Mark Procyk, president and CEO at Texas Star. “To keep up with the growth, I looked for a solid partner to help take care of our customers and capture that business. What I found was RapidFire Safety & Security, a trustworthy partner where people matter most.”

Founded in 2010, Texas Star is a full-service fire protection contractor that services fire sprinkler systems, fire suppression systems, fire alarms and fire extinguishers throughout Southern Texas. The company offers design, installation, inspection, testing and maintenance services for all building life safety requirements in the commercial sector. Procyk will serve as the company’s Southcentral Region manager and will maintain a significant ownership stake in the RapidFire platform; it is anticipated that all Texas Star employees will remain with the company post-close.

“Through a dedication to their employees and exceptional customer service, Mark and his team have built an amazing company to serve South Texas markets’ fire protection needs," McLeod said. “These characteristics are perfectly aligned with RapidFire’s mission and values and we’re extremely fortunate to have Texas Star Fire Systems join our family.”

"Texas Star Fire Systems serves as a strategic entry point for the RapidFire platform into the major Texas markets, a key priority for us since our inception in 2022," said Adam Lucas, principal at Concentric. "The state's dynamic population and economic growth and business-friendly environment make Texas an attractive investment opportunity. Moreover, the emphasis on relationship-building within the state and its business communities resonates deeply with our culture at Concentric and Financial Investments Corporation, the Steans Family Office.”

Investing in Texas has been a central theme for Concentric Equity Partners for nearly a decade RapidFire revealed. Currently the firm boasts six platform companies headquartered in the state, with two more (including RapidFire) having significant operations there, representing over $150 million in total equity investment. 


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