Blackstone (BX.US) has acquired AI Fire from TruArc for $1.1 billion, expanding its fire and safety business segment.
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Friday, Feb 7, 2025 2:00 am ET1min read
BX--
Blackstone (BX.US) has agreed to buy AI Fire for about $1.1 billion, including debt, according to people familiar with the matter, the latest deal in the fire and safety business as property owners seek more protection in extreme weather, the people said earlier on Thursday.
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