Surewerx, Inc.

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Surewerx, Inc. - overview

Established

1957

Location

Vancouver, BC-British Columbia, Canada

Primary Industry

Logistics & Distribution

About

SureWerx is a pivotal player in safety and industrial performance, providing a wide array of personal protective equipment (PPE) and safety tools designed to enhance workplace safety across various industries. SureWerx, founded in 1957 and headquartered in Vancouver, Canada, specializes in the safety and industrial performance sector. The company has engaged in three significant funding transactions, with the most recent occurring on January 4, 2023. Chris Baby serves as the CEO, steering the company's strategic direction.


SureWerx is a global leader in safety and industrial performance, specializing in a comprehensive range of personal protective equipment (PPE), safety solutions, and tools. The company's core product offerings include head, face, and eye protection, fall protection gear, arc flash apparel, welding protection, and high-visibility safety apparel, all designed to ensure worker safety in demanding job environments. These products are rigorously tested to meet or exceed international safety standards, catering primarily to sectors such as construction, manufacturing, automotive, and heavy-duty industries. SureWerx serves a diverse clientele, including repair shops, military organizations, agricultural operations, and processing plants, providing solutions that enhance workplace safety and compliance.


The company distributes its products across various geographical markets, including North America, Europe, and other international regions, emphasizing its commitment to protecting professionals and communities worldwide. SureWerx generates revenue through a structured B2B sales model, offering its products directly to industry professionals and businesses. Clients typically engage with the firm through wholesale transactions, with partnerships established with retailers and distributors to expand market reach. The transaction structure often includes bulk orders of flagship products, such as the HyperGuard F-Series Safety Glasses and various fall protection equipment, which are essential for maintaining workplace safety.


Pricing plans for these products vary based on order volume and specific product lines, although precise figures are not disclosed. The company's ongoing acquisitions, such as the acquisition of RELIANCE FALL PROTECTION, further enhance its portfolio, contributing to its revenue growth by broadening the range of safety solutions offered to clients in various industries. In January 2023, Partners Group acquired SureWerx from The Riverside Company. The investment will help the company to further accelerate its growth by adding strong additional new products and brands and delivering the best service to its established network of loyal distributors and end users.


SureWerx is expected to introduce new product lines aimed at enhancing safety measures across its target industries by the end of the fiscal year. The company is also targeting expansion into additional European markets, with plans to establish a more robust presence by 2024.


Current Investors

The Riverside Company

Primary Industry

Logistics & Distribution

Sub Industries

Electronic Components & Semiconductor Wholesalers

Website

www.surewerx.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Surewerx, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedReliance Industries, L.L.C.-
Secondary BuyoutCompletedSurewerx, Inc.-
Add-onCompletedOberon Company-
Add-onCompletedMEGAComfort Inc.-
Add-onCompletedFootwear Specialties International-

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Surewerx, Inc. - employee data

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