November 07, 2016Evergreen Pacific Partners exits SafeWorks
SEATTLE, November 7, 2016 - 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 a 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.