SureWerx, a leading North American provider of personal protective equipment, safety equipment and tooling solutions, announced today that it has sold its business from The Riverside Company to Partners Group, a leading global private markets company.
Derek Lim, Managing Director, Private Equity Goods & Products Industry Vertical, Partners Group, said: “On behalf of our clients, we look forward to working with the SureWerx team to build on SureWerx’s strong track record, including through strategic acquisitions and while maintaining the excellence of the company. SureWerx is a leading provider of technical security products with a portfolio of strong brand names. The company has a history of successfully innovating products for its customers and end users through multiple distribution channels. Industrial security has been a thematic focus of ours for more than four years and we are confident in the growth potential of SureWerx given the broad product portfolio, diversified end markets and strong industry backing. SureWerx products play an important role in ensuring worker safety, which aligns with our commitment to investing in companies that have a positive impact on stakeholders. We look forward to working with Chris and the team to deliver value on our joint growth initiatives.”
This strategic investment provides Partners Group with the opportunity to continue accelerating SureWerx’s growth as the company adds complementary new products and brands, and provides best-in-class service to its established network of loyal dealers and end users. SureWerx is proud to work with distributors and end users of its products to improve worker safety and productivity.
“We are very excited to be working with Partners Group,” said Chris Baby, CEO of SureWerx. “With the support of Riverside, our team has worked tirelessly over the past four years to build an outstanding growth platform and we are grateful for the relentless support that has been given to us. This change is another important milestone for our company. Partners Group offers additional resources to solidify our market leadership position and institutionalize our vision. Partners Group’s operational expertise and financial resources make them an ideal long-term partner to help us achieve our goals and will enable SureWerx to quickly leverage the platform we are creating. Our vision is aligned and we will work strategically to bring more innovative products and solutions to market to improve worker safety and productivity in all our end markets.”
For more information about SureWerx, visit http://surewerx.com.
Based in Vancouver, Canada and Chicago, Illinois, USA, SureWerx is a leading global provider of personal protective equipment, safety equipment and tooling solutions. SureWerx sells its security products under multiple brands including Jackson Safety®, Sellstrom®, Pioneer®, PeakWorks®, ADA Solutions®, Due North®, K1 Series®, Avenger, Nautilus®, MEGAComfort, NEOS® and Oberon. SureWerx sells its tooling solutions under the JET®, Strongarm®, AFF®, STARTECH® and ITC® brands.
SureWerx offers unparalleled access to its brands through a distribution network that serves diverse end markets including infrastructure and utilities, manufacturing, transportation and logistics, and warehousing. Visit www.surewerx.com for more information.
About Partners Group
Partners Group is a global leader in private markets. Since 1996, the firm has invested $185 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients worldwide. Partners Group aims to generate strong returns by investing in thematic growth trends and transforming attractive businesses and assets into market-leading companies. The company is a committed, responsible investor and strives for sustainable returns with long-term and positive impacts for all of its stakeholders. With $131 billion in assets under management as of June 30, 2022, Partners Group offers institutional investors, sovereign wealth funds, family offices and individuals around the world an innovative range of bespoke client solutions. The company employs more than 1,600 professionals in 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland, Denver, USA and Singapore. The company has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information, visit www.partnersgroup.com or follow us on LinkedIn or Twitter.
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Quelle: Business Wire