Safety Products Group LLC
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Safety Products Group LLC - overview
Established
2012
Location
Chaska, MN, US
Primary Industry
Industrial Machinery
About
Safety Products Group LLC is a provider of comprehensive fall safety solutions aimed at enhancing workplace safety across various industries, ensuring compliance with safety regulations through its innovative product offerings. Safety Products Group LLC specializes in fall safety solutions, focusing on creating a safer work environment. The company was founded in 2012 and is headquartered in Chaska, US. It has successfully completed a total of 3 deals, with its most recent deal occurring on June 17, 2016, when it was acquired by Tractel, a portfolio company of Cinven.
Safety Products Group LLC offers a range of OSHA-compliant fall safety solutions including advanced rooftop safety systems and facility safety products. Its core offerings include adjustable anchorage systems, harnesses, and safety nets specifically designed for high-risk environments in sectors such as construction, manufacturing, and maintenance. The company serves various clients, including contractors, facility managers, and safety officers primarily in North America, Europe, and parts of Asia. Safety Products Group LLC generates revenue through B2B transactions and direct sales, offering both individual safety products and tailored bundled solutions.
Pricing is based on the complexity of the safety solutions provided, with revenue streams supported by service agreements for maintenance and safety training, promoting long-term client relationships. Looking ahead, Safety Products Group LLC plans to launch new products aimed at further enhancing workplace safety by mid-2023. The company is also targeting expansion into the Asian market by the end of 2024. The recent funding from the acquisition will be utilized to support these product developments and market expansion initiatives.
Current Investors
Cinven, TI EXPANSION S.A.
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.safetypg.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Safety Products Group LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Safety Products Group LLC | - | ||||||||
| Add-on | Completed | BlueWater Manufacturing, Inc | - | ||||||||
| Private Debt | Completed | Safety Products Group LLC | - | ||||||||
| Add-on | Completed | Safety Products Group LLC | - |
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