Announced
Completed
Financials
Sources
Tags
Private
United States
fire protection
Friendly
Single Bidder
Private Equity
Domestic
industrial supplies
Completed
welding services
Acquisition
Majority
Construction Services
testing inspection and certification
Synopsis
The Riverside Company, a global private investor, completed the acquisition of the fire protection division from Oxarc, a provider of welding and industrial supplies, safety products & training. Financial terms were not disclosed. “Acquiring the fire protection division of Oxarc further reinforces our aggressive add-on strategy for PSI. The company complements PSI well and further establishes PSI as a leader in the Pacific Northwest and Mountain West region of the US,” Loren Schlachet, Riverside Managing Partner.
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