FirstService subsidiary expands geographic footprint, acquires two companies

FirstService (FSV) Corporation announces its subsidiary, Century Fire Protection, has recently acquired TST Fire Protection and Alliance Fire & Safety, two related fire protection companies based in Utah. The leadership teams of both companies will continue to lead day-to-day operations and will retain minority equity interests. Terms of the transaction were not disclosed. “The addition of these companies establishes a new geographic beachhead, providing Century with an attractive growth platform in the Western U.S.,” said Richard Deeb, CEO of Century. “TST and Alliance collectively bring comprehensive coverage across the state of Utah, with an opportunity to better serve their clients by adding broader service capabilities and expanding into adjacent markets in the coming years. We welcome the TST and Alliance teams to the Century family and are excited to add them as partners in driving further growth across our combined operations.”