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Century Fire Protection Expands Geographic Footprint to Western U.S.
FirstServiceFirstService(US:FSV) Globenewswireยท2025-05-15 11:30

Core Insights - FirstService Corporation's subsidiary, Century Fire Protection, has acquired two Utah-based fire protection companies, TST Fire Protection and Alliance Fire & Safety, enhancing its service capabilities in the Western U.S. [1][4] Company Overview - FirstService Corporation is a leader in the North American property services sector, operating through two main platforms: FirstService Residential and FirstService Brands [5]. - The company generates over $5.3 billion in annual revenues and employs approximately 30,000 people across North America [6]. Acquisition Details - TST Fire Protection, founded in 1998, specializes in fire sprinkler installation and serves commercial clients in northern Utah [2]. - Alliance Fire & Safety, established in 2014, focuses on fire suppression systems and services for commercial and industrial clients in southern Utah [3]. - The leadership teams of TST and Alliance will continue to manage operations and retain minority equity interests post-acquisition [1]. Strategic Implications - The acquisition provides Century with a new geographic foothold in Utah, allowing for expanded service capabilities and market growth opportunities [4]. - The combined operations aim to enhance client service and explore adjacent market expansions in the coming years [4].