Lincoln Road and Peninsula Capital partner with Gold Coast and Florida Fire, Bringing Both into the Republic Fire Protection Platform
Miami – December 11, 2019 – Lincoln Road Global Management, LLC (“Lincoln Road”), a private equity firm focused on lower middle market businesses, and Peninsula Capital Partners LLC. (“Peninsula”), a middle market private equity firm, today announced that through an affiliate they have partnered with Fort Myers, Florida-based Gold Coast Fire Protection, LLC (“Gold Coast”), and Florida Fire Systems, LLC (“Florida Fire”), two leading installers and servicers of fire alarm, suppression and sprinkler systems. Both companies join the Republic Fire Protection, Inc., (“Republic”) platform.
These partnerships are the second and third additions to the Republic family in the past six months, and highlight a period of strong growth and momentum for Lincoln Road. Republic previously announced partnerships with Aegis Fire & Integrated Services and Pro-Tec Fire Protection. Altogether, Republic now provides market leading regional coverage throughout Florida, Georgia and neighboring states. Republic is actively seeking to expand the platform with the goal of providing best-in-class fire safety services throughout the Southeast.
Edgar Blanco will continue in his leadership role as President of Gold Coast, and Michael Kolias will remain as President of Florida Fire, overseeing their respective companies’ operations. Their decades of experience will be invaluable as Republic expands its presence in the Southeast.
“Our partnerships with Gold Coast and Florida Fire are a great step forward for the Republic platform,” said Jeff Magny, Founder and Managing Partner of Lincoln Road. “We continue to build Republic into a leading regional provider by partnering with industry experts like Edgar and Michael, whose experience will help bring our fire safety services to a larger set of customers.”
Republic was formed to invest in fire safety companies throughout the U.S. with a current focus in the Southeast. Its model is differentiated in that it seeks to partner with owners of fire safety companies who want to create some liquidity but still enjoy running their businesses. The partner companies maintain their name, autonomy and their team. Partners/owners get the best of both worlds: a high level of independence in running their business and the benefits of being part of a larger organization and share in the additional value created.
About Lincoln Road Global Management
Lincoln Road is a private equity firm that invests in leading lower middle market business services, industrial, and consumer companies. Lincoln Road has deep operational experience, emphasizes collaboration and works closely with management teams. Together we are able to help companies unlock their next phase of growth. Please visit www.lincolnroadmgmt.com for more information.
About Peninsula Capital Partners
Peninsula Capital Partners is a private equity firm that provides subordinated debt and equity, either as a minority or control investor, to superior middle-market companies. Please visit www.peninsulafunds.com for more information.
Republic Fire Protection is a full-service company providing all fire safety and protection needs including, but not limited to, fire extinguishers, emergency and exit lighting, fire sprinkler systems, kitchen and industrial fire suppression systems, and fire alarm systems and monitoring.
Dukas Linden Public Relations