APi Group's (APG) Stock Rises: What Drove The Upward Trend?
APi Group's (APG) Stock Rises: What Drove The Upward Trend?
APi Group Corporation (NYSE: APG) witnessed a notable surge of 5.01% in its stock value during the extended trading session on Friday, reaching the mark of $40.00. The stock concluded the regular session with a rise of 1.09%, settling at $38.09. The announcement of APG's upcoming financial report this week aligned with the notable surge in the stock price.
APi集團公司（紐約證券交易所代碼：APG）在週五的延長交易時段中股價顯著上漲了5.01％，達到40.00美元大關。該股在例行交易時上漲1.09％，收於38.09美元。APG本週公佈的財務報告與股價的顯著上漲一致。
APi Group (APG) intends to release its financial results for the three months that ended on March 31, 2024, prior to the market opening for business on Thursday, May 2, 2024. Additionally, Elevated Facility Services Group, a renowned supplier of contractual services to a variety of elevator and escalator equipment companies, and APi Group recently concluded a formal agreement to buy Elevated Facility Services Group.
APi集團（APG）打算在2024年5月2日星期四市場開放之前，發佈截至2024年3月31日的三個月的財務業績。此外，爲多家電梯和自動扶梯設備公司提供合同服務的知名供應商高架設施服務集團和APi集團最近簽訂了收購高架設施服務集團的正式協議。
Elevated will be purchased by APG for around $570 million in cash from a firm run by L Squared Capital Partners, subject to standard adjustments such as working capital. This acquisition will augment APi Group's standing as a leading provider of safety services, particularly focusing on imperative, regulation-driven applications.
APG將以約5.7億美元的現金從L Squared Capital Partners經營的公司收購Elevated，但須遵守營運資金等標準調整。此次收購將增強Api集團作爲領先的安全服務提供商的地位，尤其專注於強制性、監管驅動的應用程序。
Elevated's specialization in elevator and escalator services harmonizes with APG's existing expertise in life safety, fire protection, and security, thereby broadening APi Group's market potential by an estimated $10 billion and fostering long-term opportunities for cross-selling.
Elevated在電梯和自動扶梯服務方面的專業知識與APG在生命安全、消防和安保方面的現有專業知識相協調，從而將APi集團的市場潛力擴大了約100億美元，並創造了長期的交叉銷售機會。
The majority of Elevated's revenue stems from essential services such as inspections, maintenance, and repairs, fortifying APG's service portfolio and empowering the business to deliver robust financial performance and generate free cash flow amidst variable macroeconomic conditions.
Elevated的大部分收入來自檢查、維護和維修等基本服務，鞏固了APG的服務組合，使該業務能夠在可變的宏觀經濟條件下提供強勁的財務業績併產生自由現金流。
The acquisition is anticipated to contribute nearly $220 million in annual revenue and enhance APi Group's shareholder value creation framework, denoted as "13/60/80," driven by Elevated's commendable EBITDA margin, comprising approximately 70% of revenue from inspections, maintenance, and repair services, coupled with a capital-light business model facilitating robust conversion of adjusted free cash flow.
此次收購預計將帶來近2.2億美元的年收入，並增強Api集團的股東價值創造框架，即 “13/60/80”，這得益於Elevated可觀的息稅折舊攤銷前利潤率，約佔檢查、維護和維修服務收入的70％，以及促進調整後自由現金流強勁轉換的輕資本商業模式。
Post-transaction, APi Group intends to maintain alignment with its long-term net leverage objective of below 2.5x and remains optimistic about the conducive market landscape for expansion through strategic acquisitions.
交易後，Api集團打算與其2.5倍以下的長期淨槓桿率目標保持一致，並對通過戰略收購實現擴張的有利市場格局保持樂觀。
譯文內容由第三人軟體翻譯。