DALLAS, TX - Ashton Capital Partners, LLC ("ACP") announced today the consummation of its acquisition of Crash Rescue Equipment Service, Inc. ("Crash Rescue"). The company will continue to operate under the name Crash Rescue Equipment Service.

"The Crash Rescue management team is excited about the new opportunities that are possible with ACP as the new owners," said Bob Relyea, Crash Rescue CEO. "ACP's operational management experience, understanding of market dynamics, and access to capital resources will allow Crash Rescue to continue to build on our solid reputation in the Aircraft Rescue Fire Fighting Industry (ARFF) market and beyond. We feel strongly that this transaction will be welcomed by our customers and suppliers."

Jim Ashton, Managing Partner of Ashton Capital Partners added, "ACP is investing in a solid company in the (ARFF) industry with exciting growth potential. With our operational strengths and access to capital, paired with the capable Crash Rescue management team and a solid underlying business, we expect to further strengthen our relationships with the customer base and grow this business. We are very optimistic about the future of Crash Rescue."

Corporate Profiles
Crash Rescue Equipment Service is remanufacturer of all sizes of ARFF vehicles for airport and government agencies throughout the United States. The company's niche is in fire suppression vehicles and equipment. In addition to rebuilds they also supply preventive maintenance parts and a wide variety of vehicle mounted fire fighting accessories including Snozzle articulating & telescoping booms, bumper turrets, dry chemical dispensers, IR cameras, fire wagons, and raceway extinguishers. Crash Rescue operates from a facility in Dallas, Texas.

Ashton Capital Partners is a private investment firm focused on leveraged buyouts of mid-sized manufacturing firms. ACP looks for acquisition opportunities that can benefit from the ACP partners years of operational experience and long track record of building and growing companies.