APG

APi Group Corp

Ticker: APGTechnologyBusiness Services & Software
HQ NEW BRIGHTON, MNCIK 1796209FY end 12-31

The business

APi Group Corporation (NYSE: APG) operates as a global, market-leading business services provider headquartered in New Brighton, Minnesota, with a substantial recurring revenue base and over 500 locations worldwide. The company maintains its corporate website at www.apigroupcorp.com.

The company provides fire and life safety, security, elevator and escalator, and specialty services to a diverse customer base across multiple industries. APi Group operates through two reportable segments: Safety Services and Specialty Services. The Safety Services segment is a leading provider of safety services in North America, Europe, and Asia-Pacific, focusing on fire protection solutions, electronic security systems, and elevators and escalators, including design, installation, inspection, service, and monitoring. The Specialty Services segment provides specialty contracting, fabrication and distribution, and infrastructure and utility services throughout North America. Both segments serve customers across high tech services, advanced manufacturing, healthcare, fulfillment and distribution centers, and critical infrastructure end markets.

The company employs approximately 29,000 team members globally and serves a diverse customer base with no single customer accounting for more than five percent of total revenues. APi Group maintains long-standing relationships with blue-chip customers ranging from Fortune 500 companies to single-location operations across both public and private sectors.

The company's business model emphasizes recurring revenue through inspection, service, and monitoring activities, which are often mandated by legislation or insurance requirements. This inspection-first go-to-market strategy differentiates APi Group from competitors and creates sticky customer relationships with predictable cash flows. The company has completed 140 acquisitions since 2005 as part of its disciplined acquisition strategy targeting businesses that align with strategic priorities and demonstrate key value drivers.

APi Group operates a decentralized organizational structure designed to improve speed and responsiveness to customers while empowering subsidiary leadership to drive business performance. The company emphasizes leadership development through its Building Great Leaders program and maintains a strong safety culture reflected in its OSHA recordable rate of 0.87 per one hundred employees per year, considerably below industry averages.

Sector
Technology
Industry
Business Services & Software
HQ
NEW BRIGHTON, MN
FY end
12-31
CIK
1796209
SIC
7340
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