Sale to Safway Group Holding LLC

Industrial
Sale to Safway Group Holding LLC

Summary

Baird served as exclusive financial advisor to SafeWorks, LLC

About

SafeWorks, 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:

Trisha Renner +1 (303) 270-6347
Brian McDonagh +1 (704) 553-6611
Jeff Seaman +1 (312) 609-4687
Mike Barina +1 (414) 298-1885
John Lanza +1 (414) 298-7669
Vinay Ghai +44 (0) 207 667 8225
Industrial
Sale to Safway Group Holding LLC
Date
November 2016
Company
SafeWorks, LLC
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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