FirstService Corp. of Toronto, Canada, through its subsidiary Century Fire Protection, has acquired TST Fire Protection Inc. and Alliance Fire & Safety, two related fire protection companies based in Utah.
FirstService Corp. is a North American services-sector firm serving its customers through two service platforms: FirstService Residential and FirstService Brands, operating through individually branded company-owned operations and franchise systems.
FirstService said the leadership teams of both Utah companies will continue to lead day-to-day operations and will retain minority equity interests. Terms of the transaction were not disclosed.
Founded in 1998 and based in Salt Lake City, TST is a fire sprinkler installation company serving the northern region of Utah. TST provides fire sprinkler system design, installation, inspection and repair services to a wide variety of commercial clients and large-scale warehouse distribution property owners.
Headquartered in St. George and established in 2014, Alliance designs and installs fire sprinkler and other suppression systems as well as alarms and extinguishers for commercial and industrial clients in Southern Utah.
“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.”