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Lakeland Fire + Safety Completes Acquisitions of Arizona PPE Recon, Inc. and California PPE Recon, Inc.
Globenewswire· 2025-09-15 20:01
Core Insights - Lakeland Industries has successfully acquired Arizona PPE and California PPE, expanding its presence in the U.S. personal protective equipment market and enhancing its fire service offerings [1][4][5] - The acquisitions are expected to add approximately $5 million in annual recurring revenue to Lakeland's operations [1] Company Overview - Arizona PPE is a leading UL-certified independent service provider in Arizona, specializing in decontamination, inspection, and repair of firefighting garments, as well as offering training and rental services [2][8] - California PPE is a rapidly expanding UL-certified independent service provider in California, focusing on similar services for firefighting equipment and has a strong vision for growth in the Southern California area [3][9] Strategic Importance - The acquisitions are seen as complementary to Lakeland's existing fire service business, providing opportunities for growth in gear rentals and manufacturing [5] - The integration of Arizona PPE and California PPE is expected to leverage Lakeland's existing strengths in Asia and Australia to develop a robust North American platform for advanced decontamination and rental services [4][5]
Century Fire Protection Expands Geographic Footprint to Western U.S.
Globenewswire· 2025-05-15 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].