AIRESS acquired by INITIATIVE & FINANCE

Airess is a French specialist in fire safety solutions, focusing on the design, installation, and maintenance of automatic water-based fire extinguishing systems, commonly known as sprinklers. The company serves a diverse client base across various sectors, including industrial sites, large-scale logistics platforms, and public establishments where safety regulations are stringent. Its services are critical for clients not only to comply with legal and regulatory requirements but also to mitigate risks and potentially lower their building insurance premiums. With a comprehensive network of approximately ten agencies spread throughout France, Airess ensures national coverage and proximity to its customers for both new projects and ongoing service needs. The company's operations are supported by a dedicated team of over 200 employees who handle the entire project lifecycle, from initial engineering and conception to installation and long-term maintenance contracts, ensuring the reliability and effectiveness of the safety systems. In 2023, the company generated substantial operational activity. The business model is built on both one-off installation projects and recurring revenue streams from maintenance services, providing a stable and predictable financial profile. The company is led by a management team including a President, Arthur Klein, and a General Manager, Amar Benbraham.