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New Deal


Announced

Completed

Riverside completed the investment in Craynon Fire Protection.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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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

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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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