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New Deal


Announced

Completed

The Riverside Company-backed Performance Systems Integration completed the acquisition of Statcomm.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Single Bidder

Completed

Acquisition

Private Equity

Private

fire systems

Majority

Domestic

Security Equipment

Friendly

fire alarms

Synopsis

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The Riverside Company-backed Performance Systems Integration, a provider of fire & life safety services, completed the acquisition of Statcomm, a provider of fire and safety platform. Financial terms were not disclosed. “Statcomm is the sixth add-on to PSI under Riverside’s ownership and expands our presence from the Pacific Northwest and Mountain West regions down to the Northern California region. The company is a great fit with PSI and opens up a number of new growth opportunities for the platform," Loren Schlachet, Riverside Managing Partner.

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