Halma, the leading safety, health and environmental technology group has acquired Firetrace USA, LLC (“Firetrace”), from private shareholders. Firetrace, based in Scottsdale, Arizona, USA, designs and manufactures automatic fire detection and suppression systems for installation in small enclosed environments to protect people and critical assets. The cash consideration is $110.0 million (£72.8 million).

EC M&A acted as the exclusive financial advisor to Halma on this transaction.