APi Group Corporation (NYSE:APG) is looking for M&A. During the company?s presentation at JPMorgan Industrials Conference, Russell A. Becker, Chief Executive Officer, President & Director said that ?We've got procurement reporting up through this individual. We still have a big opportunity from procurement. Strategic M&A is an opportunity for us.

I think we've shared openly that we did roughly $100 million of bolt-on M&A last year. Every one of those transactions was immediately accretive to our margins. We're working to accelerate that in this fiscal year.

And like -- I like to tell people is we have an opportunity to just be better?. ?So, we're a little bit different. And when we look at M&A, we look at geographic expansion, does it complement us geographically.

We look at diversity in the business. So, we may have a business in a particular location that's really strong in, say, fire sprinkler. And there's a $10 million fire alarm business that comes for sale that we're maybe not very strong.

So that's a great complement to be able to bring fire alarm capabilities to that business?. Adam Fee, Vice President of Investor Relations said that ?And we still have the capacity to execute our M&A strategy as planned and immediately accretive for shareholders?.