APi Group Corporation, a global provider of fire protection, safety, elevator and escalator services, and specialty services, operating in over 500 locations worldwide, has received a buy recommendation from UBS.

The company is divided into two main segments: Safety Services and Specialty Services. The Safety Services segment focuses on integrated systems for buildings, including fire protection, elevators and escalators, HVAC, and access systems. They are involved in the design, installation, inspection, and maintenance of these systems across various industries.

The Specialty Services segment offers a wide range of infrastructure services and specialized industrial facility services, including the maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications systems. They provide services ranging from engineering and design to fabrication and installation to meet essential infrastructure needs.