APi Group Corp (NYSE:APG)
$ 38.25 -0.07 (-0.18%) Market Cap: 10.49 Bil Enterprise Value: 13.22 Bil PE Ratio: 0 PB Ratio: 4.35 GF Score: 76/100

APi Group Corp at Jefferies Industrials Conference Transcript

Sep 07, 2023 / 03:00PM GMT
Release Date Price: $27.29 (-0.37%)
Stephanie Lynn Benjamin Moore
Jefferies LLC, Research Division - Equity Analyst

Good morning, everybody. For those of you who do not know me, my name is Stephanie Moore. I'm the business services analyst here at Jefferies. We're very happy to have APi Group with us today that includes CEO, Russ Becker; Co-Chairman, Jim Lillie; and Vice President of IR, Adam fee. Welcome. All right. Well, just to kick this off, for maybe those less familiar with APi's journey, can you give us an idea of where you are today, especially compared to, say, 2 years ago before the acquisition of Chubb.

Russell A. Becker
APi Group Corporation - CEO, President & Director

Certainly, I'd be happy to do that. The company has actually evolved a lot. I even go back to, Stephanie, if I may go back to October of 2019 when we sold the business to J2. We were, at that time, a privately held company with about $4 billion in sales. And sold the business to Jim, Martin and Ian Ashken and the vehicle that they had established actually at that time on the London Stock Exchange. So the company

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