Sale to Safway Group Holding LLC
Baird served as exclusive financial advisor to SafeWorks, LLC
AboutSafeWorks, LLC (“SafeWorks”), a portfolio company of Evergreen Pacific Partners (“EPP”), recently announced its sale to Safway Group Holding LLC (“Safway”), a portfolio company of Odyssey Investment Partners, LLC (“Odyssey”). Terms of the transaction were not disclosed.
SafeWorks is a global leader in manufacturing and distributing motorized access and safety solutions, including hoists, service lifts, climb assist, platforms, rigging devices, safety products, training and services. SafeWorks has a number of highly recognized brands, including Spider®, Power Climber® and Power Climber Wind®, and its products make work at height a safe, reliable, productive experience. SafeWorks serves a wide variety of energy, infrastructure, construction and restoration markets through branch locations and a global dealer network. SafeWorks is headquartered in Seattle, Washington.
EPP is private investment firm with $700 million of committed capital. EPP invests in traditional buyouts, management led buyouts and growth equity investments involving traditional middle-market companies headquartered in Western North America. EPP is based in Seattle, Washington.
Safway is a leading North American provider of access, scaffolding, insulation, fireproofing, surface preparation and coating solutions. Safway delivers efficient, high-performance multiservice solutions for the petrochemical, oil and gas, power, refining, marine, manufacturing, transportation and commercial construction industries worldwide. Safway is headquartered in Waukesha, Wisconsin.
Odyssey is a middle-market private equity firm which has raised over $5 billion in private equity capital over its more than 20 year history. Odyssey is a growth-focused, active owner which invests in middle-market companies across the industrial and business services sectors. Odyssey has offices in New York and Los Angeles.
For additional information about this transaction, please contact:
- November 2016
- SafeWorks, LLC
- Target Location
- North America
- Acquiror Location
- North America