Emory & Co., LLC served as the exclusive financial advisor to PFS TECO in its sale to NFPA Global Solutions. The transaction closed in August 2025. The terms were not disclosed.

Based in Cottage Grove, WI, PFS TECO has provided services to the building industry for more than 85 years. It works as a third-party agency in the manufactured structures, building products, and hearth products industries. The manufactured structures division is an industry leader in plan review and inspection of all types of manufactured structures across the United States and Canada. The building products division manages the certification, inspection and testing of a wide range of building-related products. The hearth division evaluates and certifies both gas powered and wood burning appliances.

NFPA Global Solutions is an independently operated, wholly owned subsidiary of the National Fire Protection Association (NFPA). Established in 2024, NFPA Global Solutions is dedicated to advancing safety by offering compliance solutions, digital products, and advisory services that are designed to advance fire, life, and electrical safety across the globe.

PFS TECO is the second acquisition for NFPA Global Solutions. In June 2024, the company acquired Dyne Fire Protection Labs, an independent testing laboratory that provides quick, reliable analysis of fire sprinklers, firefighting foams, antifreeze solutions and dry chemical agents to help building owners maintain compliance with critical fire protection codes and standards.

“The public safety mission of our companies aligns with our shared vision to offer our clients leading third-party programs and expand into new areas making this acquisition an excellent fit,” said Scott Drake, President and CEO of PFS TECO.“ Joining NFPA Global Solutions allows us at PFS TECO to take our business to the next level. By combining our teams’ technical knowledge, we gain greater access to industry expertise and can develop new services that will truly benefit our customers. We’re excited about the value this partnership will bring.”

“We are honored to have helped PFS TECO transition their business to new owners who will honor the company’s legacy and support further growth,” said John Emory Jr., President of Emory & Co.

Emory & Co. worked closely with PFS TECO’s employee-owners and Employee Stock Ownership Plan (ESOP) Trustee throughout the sale process.