Announced
Completed
Financials
Sources
Tags
Maintenance Repair and Overhaul (MRO)
Minority
Private Equity
Completed
Private
safety system inspections
Single Bidder
United States
Friendly
Acquisition
Domestic
testing inspection and certification
Synopsis
Riverside, a global private investor focused on the smaller end of the middle market, completed the investment in Craynon Fire Protection, a provider of fire and life safety system inspections, repairs and maintenance, and installations. Financial terms were not disclosed. “With Craynon’s strong technical capabilities around servicing and installing complex sprinkler systems and top of the line service, we believe it is going to be instrumental in the growth of the platform," Loren Schlachet, Riverside Managing Partner.
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