Announced
Completed
Synopsis
The Riverside Company, a global private investor focused on the smaller end of the middle market, completed the acquisition of Metro Fire Inspection and Maintenance, a fire protection company that offers maintenance, inspection, repair and violation and deficiency services. Financial terms were not disclosed. “Fire and life safety is a rapidly growing market. By adding Metro to the Relay portfolio, we open new opportunities for geographic expansion into the New York region, an area in critical need of reliable fire & life safety services. Under our hold and the Relay umbrella, we see numerous opportunities for sustained growth through operational improvements, service line expansions, new customer acquisitions and making complimentary add-on investments,” Loren Schlachet, Riverside Micro-Cap Fund Managing Partner.
Show Details & Financials
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.