South Sound Joins PSI: Expanding Fire and Life Safety Reach

The Riverside Company, a prominent investment firm focusing on smaller mid-market companies, has announced its acquisition of South Sound Fire & Security (South Sound) as part of an expansion to its existing fire and life safety platform, Performance Systems Integration (PSI). PSI operates as a comprehensive fire and life safety services provider predominantly in the Pacific Northwest, serving areas such as Portland, Oregon, and extending to the Mountain West, Northern California, and the Pacific. South Sound, with its headquarters in Olympia, Washington, offers services that range from fire alarm service, inspections, and installations to commercial customers in Oregon and Washington. This acquisition marks the 15th addition to PSI's portfolio under Riverside's ownership, further solidifying PSI's influence and market foothold in the region. Riverside Managing Partner, Loren Schlachet, highlights that the collaboration with South Sound emphasizes Riverside's strategy to partner with quality, founder-led companies in the fire and life safety sector. PSI CEO Jodi Kohler expressed enthusiasm about integrating South Sound into the PSI's broader capabilities in the region. PSIs core mission is underlined by its dedication to supplying end-to-end compliance services related to fire and life safety, which incorporate customer-centric services like inspections and installations spread over an expansive geographic range. Riverside has a long-standing track record of investing in over 380 companies in the business services industry and continues to leverage its structured capital strategies to fortify companies like PSI in the fire and life safety sector. The acquisition was navigated by Riverside’s strategic leadership including key players such as Managing Partner Loren Schlachet and Partner John McKernan, demonstrating the firm’s commitment to this sector through crucial strategic investments.