Century Fire Protection Expands Geographic Footprint to Western U.S.
FirstService Corporation (FSV) announced that its subsidiary, Century Fire Protection, has acquired two Utah-based fire protection companies: TST Fire Protection and Alliance Fire & Safety. TST, founded in 1998 in Salt Lake City, specializes in fire sprinkler system design, installation, inspection, and repair services for commercial clients in northern Utah. Alliance, established in 2014 in St. George, focuses on fire sprinkler systems, suppression systems, alarms, and extinguishers for commercial and industrial clients in southern Utah.
The acquisition establishes Century's presence in the Western U.S., with both companies' leadership teams retaining minority equity interests and continuing to manage day-to-day operations. The financial terms were not disclosed.
FirstService Corporation (FSV) ha annunciato che la sua controllata, Century Fire Protection, ha acquisito due aziende di protezione antincendio con sede nello Utah: TST Fire Protection e Alliance Fire & Safety. TST, fondata nel 1998 a Salt Lake City, è specializzata nella progettazione, installazione, ispezione e riparazione di sistemi di sprinkler antincendio per clienti commerciali nel nord dello Utah. Alliance, fondata nel 2014 a St. George, si concentra su sistemi di sprinkler antincendio, sistemi di soppressione, allarmi e estintori per clienti commerciali e industriali nel sud dello Utah.
L'acquisizione rafforza la presenza di Century nella regione occidentale degli Stati Uniti, con i team di gestione di entrambe le aziende che mantengono quote di minoranza e continuano a gestire le operazioni quotidiane. I termini finanziari non sono stati resi noti.
FirstService Corporation (FSV) anunció que su subsidiaria, Century Fire Protection, ha adquirido dos empresas de protección contra incendios con sede en Utah: TST Fire Protection y Alliance Fire & Safety. TST, fundada en 1998 en Salt Lake City, se especializa en el diseño, instalación, inspección y reparación de sistemas de rociadores contra incendios para clientes comerciales en el norte de Utah. Alliance, establecida en 2014 en St. George, se enfoca en sistemas de rociadores contra incendios, sistemas de supresión, alarmas y extintores para clientes comerciales e industriales en el sur de Utah.
La adquisición establece la presencia de Century en el oeste de los Estados Unidos, con los equipos directivos de ambas compañías manteniendo participaciones minoritarias y continuando con la gestión diaria. Los términos financieros no fueron revelados.
FirstService Corporation (FSV)는 자회사 Century Fire Protection이 유타주 기반의 두 소방 보호 회사인 TST Fire Protection과 Alliance Fire & Safety를 인수했다고 발표했습니다. 1998년 솔트레이크시티에서 설립된 TST는 유타 북부의 상업 고객을 위한 소방 스프링클러 시스템 설계, 설치, 검사 및 수리 서비스를 전문으로 합니다. 2014년 세인트조지에서 설립된 Alliance는 유타 남부의 상업 및 산업 고객을 대상으로 소방 스프링클러 시스템, 진압 시스템, 경보 및 소화기를 중점적으로 다룹니다.
이번 인수로 Century는 미국 서부 지역에 입지를 확립했으며, 두 회사의 경영진은 소수 지분을 유지하면서 일상 운영을 계속 관리할 예정입니다. 재무 조건은 공개되지 않았습니다.
FirstService Corporation (FSV) a annoncé que sa filiale, Century Fire Protection, a acquis deux entreprises de protection incendie basées dans l'Utah : TST Fire Protection et Alliance Fire & Safety. TST, fondée en 1998 à Salt Lake City, est spécialisée dans la conception, l'installation, l'inspection et la réparation de systèmes de sprinkleurs pour des clients commerciaux dans le nord de l'Utah. Alliance, créée en 2014 à St. George, se concentre sur les systèmes de sprinkleurs, les systèmes de suppression, les alarmes et les extincteurs pour des clients commerciaux et industriels dans le sud de l'Utah.
Cette acquisition renforce la présence de Century dans l'ouest des États-Unis, les équipes dirigeantes des deux entreprises conservant des participations minoritaires et continuant à gérer les opérations quotidiennes. Les termes financiers n'ont pas été divulgués.
FirstService Corporation (FSV) gab bekannt, dass seine Tochtergesellschaft Century Fire Protection zwei in Utah ansässige Brandschutzunternehmen übernommen hat: TST Fire Protection und Alliance Fire & Safety. TST, 1998 in Salt Lake City gegründet, ist auf die Planung, Installation, Inspektion und Reparatur von Sprinkleranlagen für gewerbliche Kunden im Norden Utahs spezialisiert. Alliance, 2014 in St. George gegründet, konzentriert sich auf Sprinkleranlagen, Löschsysteme, Alarme und Feuerlöscher für gewerbliche und industrielle Kunden im Süden Utahs.
Die Übernahme stärkt die Präsenz von Century im Westen der USA, wobei die Führungsteams beider Unternehmen Minderheitsbeteiligungen behalten und weiterhin den Tagesbetrieb leiten. Die finanziellen Bedingungen wurden nicht bekannt gegeben.
- Strategic expansion into Western U.S. market through acquisition of two established companies
- Complete geographic coverage across Utah state through complementary business locations
- Retention of existing leadership teams ensures operational continuity
- Opportunity for service expansion and growth into adjacent markets
- Financial terms not disclosed, making impact on FSV's finances unclear
Acquires Utah-Based TST Fire Protection and Alliance Fire & Safety
TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Century Fire Protection (“Century”), has recently acquired TST Fire Protection, Inc. (“TST”) and Alliance Fire & Safety (“Alliance”), 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.
Founded in 1998 and based in Salt Lake City, Utah, TST is a leading 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, Utah and established in 2014, Alliance designs and installs fire sprinkler and other suppression systems, alarms and extinguishers for commercial and industrial clients in the southern region of 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.”
ABOUT FIRSTSERVICE CORPORATION
FirstService Corporation is a North American leader in the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential, North America's largest manager of residential communities; and FirstService Brands, one of North America's largest providers of essential property services delivered through individually branded company-owned operations and franchise systems.
FirstService generates more than
COMPANY CONTACT:
Jeremy Rakusin
CFO
FirstService Corporation
(416) 960-9566
FAQ
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