The Riverside Company completed the acquisition of Oxarc's fire protection division.

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.