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Private equity firm uses primary insights to inform investment decision in global fire equipment market

Posted by Maddy Clark | 08 September 2021
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Discover how a private equity firm leveraged primary insights to inform their decision-making regarding an investment in the global fire equipment market.


A photo of a fire extinguisher

 

The challenge

The global fire safety equipment market size was estimated at $43.5 million USD in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.6% from 2021 to 2028.   

Rising demand for fire safety equipment for industries such as utilities, automotive, manufacturing, energy and power, mining, and construction is expected to drive the growth of this market. 

A private equity investment firm conducting research in the global fire equipment, testing and safety services space needed to engage with relevant subject matter experts to inform their investment decision-making in this hot market. 

Specifically, experts who have global knowledge of fire equipment testing and maintenance regulations. 

 

The solution

We’ve built AI search technology that rapidly analyzes and comprehends billions of online data points to identify relevant, qualified experts to share their expertise.  

Because our AI is trained to only find experts who accurately match a customer’s project requirements, we always connect them with the right experts.  

 

The outcome

We successfully connected the customer with precision-matched experts, enabling them to gain the insights they needed to inform their investment decision. 

These included insights on the regulatory landscape for the fire safety industry, how it has developed in the last 10 years, and where it’s expected to go in the next 10 years 

Expert profile highlights included:   

Techspert Icons Light Blue_Business-People - Construction Techspert Icons Light Blue_Business-People - Briefcase-2 Techspert Icons Light Blue_Business-People - Industrial
Fire Service Operations Leader at a building technologies company who manages various fire safety, detection, and alarm system brands and products. Former Managing Director at Thomas Glover Products which is a well-established market leader that supplies the latest fire safety products to the trade.

Regional Managing Director at Chubb Fire and Security, a leading global provider of fire safety, security, and monitoring solutions, for over 25 years. 

About the author

Maddy Clark

Maddy Clark is VP of Customer Success at techspert.io and leads on our customer success strategy, working closely with our customers to ensure we’re meeting their needs. Maddy has worked within a range of VC-backed start-up and scale-up businesses for the last 9 years, focusing on account management and customer success, and holds an MA (cantab) in Archaeology and Anthropology from the University of Cambridge.

All posts by Maddy Clark

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