
What smart money is saying about APi Group
6 funds in our archive have pitched APi Group — most recently Greystone Capital Partners LP in June 2026.
APi Group Corporation operates as a global enterprise offering vital safety, specialized infrastructure, and industrial services across North America, Europe, Australia, and the Asia-Pacific region. Its business activities are segmented into three primary divisions: Safety Services, Specialty Services, and Industrial Services. The Safety Services division delivers comprehensive safety solutions, with a particular focus on integrated occupancy systems. This encompasses the full lifecycle of services for fire protection, heating, ventilation, and air conditioning (HVAC), and entry systems, from their initial design and installation to ongoing inspection, monitoring, and maintenance. The Specialty Services segment is dedicated to the upkeep and enhancement of critical infrastructure, including subterranean electric, gas, water, sewer, and telecommunications networks, as well as specialized industrial facilities. This segment's offerings span a broad range of services, including engineering, design, fabrication, installation, and the modernization or upgrading of existing systems. Within the Industrial Services segment, APi Group provides a variety of solutions primarily to the energy industry, emphasizing transmission and distribution. Its services include the construction of pipeline infrastructure, access roads, and supporting facilities, alongside integrity management and maintenance to ensure the longevity and reliability of these assets. The company serves a diverse clientele that spans both public and private sectors. This extensive customer base includes commercial, industrial, and manufacturing operations, fulfillment and distribution centers, educational and healthcare institutions, telecommunications firms, utility providers, high-tech companies, entertainment venues, retailers, financial service organizations, and governmental entities. Formed in 1926, APi Group Corporation adopted its current name in October 2019, having previously been known as J2 Acquisition Limited. The company's corporate headquarters are situated in New Brighton, Minnesota.
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Position history
Between Q4 2024 and Q2 2026, 2 fund letters reported a position in APi Group, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 2 | 0 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 2 |
| Q3 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Fund activity · 2 positions
- HoldsAve Maria FundsJune 2026
Listed in Ave Maria Funds’s reported holdings.
APi Group - June 2026
“Special situations can sometimes create entries into high-quality companies that become core holdings. You may remember the set-up that led to our investment in APi Group (APG): A sub-$1bn market cap, pre-uplisting, U.S. Pink Sheet-traded stock, by way of a U.K. de-SPAC. We still own this stock over a half decade later.”
APi Group
Also mentioned · 1
These funds discuss APi Group — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedGreystone Capital Partners LPJune 2026
“Consider our investments in Limbach, APi Group, Bel Fuse, and Secure Waste Infrastructure.”
APi Group
Fund coverage · 6 theses
- Greystone Capital Partners LPJune 2026
APi Group is a durable business whose mix shift toward recurring inspection and monitoring work increases margins, cash flow, and reduces cyclicality.
Read the full thesis - Greystone Capital ManagementDecember 2025
APi Group is a mission-critical fire and life-safety services provider with resilient recurring revenue, strong cash generation, and earnings-driven upside toward 2028 targets.
Read the full thesis - Aristotle Core EquityDecember 2025
APi Group is a global safety and infrastructure services provider with regulatory-driven recurring revenue, government-backed growth, acquisition-led expansion, and mid-teens earnings targets supporting a premium valuation.
Read the full thesis - Clearbridge Mid Cap Growth StrategySeptember 2025
APi Group is a leading provider of safety, specialty, and industrial services with strong growth potential due to its focus on fire protection and infrastructure services.
Read the full thesis - Greystone CMJune 2025
APG is a misunderstood and mispriced leader in fire and life safety, expected to deliver 15-25% annual returns through organic growth and strategic acquisitions, supported by strong management and significant free cash flow potential.
Read the full thesis - Maran CapitalDecember 2024
APi Group is a promising long-term investment with growth potential, driven by management incentives and strategic business segment changes.
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