, /PRNewswire/ — Spire Capital Partners (“Spire Capital” or “Spire”), a leading private equity firm with an investment focus in companies within the technology-enabled business services, media, communications and education sectors, announced that it has closed on the sale of PROtect (the “Company”), one of the nation’s fastest growing, tech-enabled testing, inspection, certification & compliance businesses of scale. Financial terms were not disclosed.
During Spire’s six-year investment, PROtect demonstrated strong and sustained organic growth by diversifying its end markets, expanding its geographic footprint, and adding new lines of service. The Company developed a recruitment and retention platform that built a best-in-class employee base of over 550, who were directly engaged with customers and contributed significantly to customer satisfaction.
Alongside its organic growth, PROtect also successfully completed and integrated five acquisitions, including the transformative acquisition of DBI, Inc. and strategic tuck-in acquisitions of BLOC Environmental, RCS Consulting, Houston Integrity Consultants, and …