API Group Boosts FY Guidance on Acquisition of Wtech Fire Group

Dow Jones07-02

APi Group raised its guidance for the year after it closed its acquisition of WTech Fire Group.

The business services company said it now expects revenues of $8.66 billion to $8.86 billion for 2026, up from its prior guidance of $8.58 billion to $8.78 billion.

It now forecasts adjusted earnings before interest, taxes, depreciation and amortization of $1.18 billion to $1.24 billion, up from $1.17 billion to $1.23 billion previously.

The updated guidance factors in the expected contribution from WTech for the remainder of the year. APi expects WTech to contribute about $175 million in annual revenue.

APi closed the acquisition of WTech on July 1. WTech provides fire sprinkler, suppression and detection solutions across Europe, adding to APi's international fire and life safety business.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

July 02, 2026 08:13 ET (12:13 GMT)

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