Boston – Building Industry Partners (BIP), a private equity investment firm focused on the U.S. building industry, welcomes Steve Shaffer as an operating partner.
Shaffer will help support BIP and Endeavor Fire Protection, BIP’s new fire and life safety platform. He brings nearly four decades of fire protection industry experience. He joins BIP and Endeavor from Impact Fire Services (currently operating as AI Fire Protection), the company he founded, where he served as president and chairman. Shaffer led Impact Fire Services from start-up in 2009 to $70 million in revenue in 2017.
Robert Lane, VP of BIP and director at Endeavor Fire Protection, noted, “Steve is a proven operator and has demonstrated the ability to meaningfully scale platforms, building local providers into national platforms – from GFP to Consolidated Fire Protection to Impact Fire Services. Over the last 20 years, Steve built and successfully sold three fire protection platforms. We are extremely grateful that Steve has chosen to partner with BIP and the Endeavor team, and we look forward to our future ahead.”