The Private Equity team advised Cennox on its acquisition of FireKing Safety and Security. The deal enables Cennox to enter the traditional and smart safe manufacturing business, and further expands its deployment and maintenance services across FireKing’s 1,000-plus customers.

Goodwin has represented York Capital Management and its portfolio companies on numerous transactions, continuing a long-standing partnership with this latest transaction.

Cennox, a portfolio company of York Capital Management’s private equity group (York Private Equity), provides integrated services and solutions to the financial services, commercial, retail, and transportation industries. Cennox was the third platform investment completed by York Capital’s middle-market private equity fund, York Special Opportunities Fund III, an $800 million dedicated fund raised in April 2020.

York Private Equity seeks to partner with founders and entrepreneurs to help facilitate and support organic and inorganic growth in industries such as financial and business services, healthcare services, consumer/retail, and industrials.

FireKing is a U.S.-based financial safe and services business previously owned by Pfingsten Partners.

The Goodwin team was led by Katherine Baudistel, Jeffrey Koh, Gady Levy Boneh, and included Todd Pollock and Nicole Spiteri (Tax); Sarah Bock and Eric Graffeo (ERISA & Executive Compensation); Eric Roth (Employment); Bruce Rader, Jennifer Necas, and Hannah Shepherd (U.S. Debt); Richard Hughes, Laurent Bonnet and Anne Kaye (U.K. Debt); Danielle Reyes (Regulatory); Brenna Moorhead (Real Estate); Nathan Brodeur (Environmental); Steven Argentieri (Intellectual Property); Jacqueline Klosek and Jordan Weiss (Litigation); Cecelia Lockner (Insurance); with invaluable assistance from Koray Bulut (Employment), Nico Ramos.