Riverside completed the acquisition of ASC and AFPS.

Riverside, an investment firm, completed the acquisition of American Service Company, an alarm system company, and Advanced Fire Protection Systems, a fire protection service. Financial terms were not disclosed. "Fire and life safety is a rapidly growing market, and the combined business is well-positioned to meet the ever-growing needs of the industry. During our partnership, we plan to invest in sales and marketing resources to enhance the organizations’ already-extensive customer base while extending service offerings that will address the compliance needs of new and existing customers," Loren Schlachet, Riverside Managing Partner.