Kenyon Pelletier's questions to APi Group Corp (APG) leadership • Q3 2024
Question
Kenyon Pelletier inquired about the potential timeline for APi to reach its $1 billion EBITDA target and asked for an update on the current M&A environment and acquisition pipeline.
Answer
EVP and CFO Kevin Krumm clarified that the $1 billion EBITDA figure is a near-term internal benchmark with no specific date attached. President and CEO Russ Becker added that the M&A pipeline is robust, with an accelerated pace of bolt-on deals in 2024 that is expected to continue into 2025.