Evergreen Pacific Partners, Washington State's largest private equity fund, announced today that it has completed the acquisition of Seattle-based SafeWorks from Wynnchurch Capital. Product lines include Spider, Power Climber, and Power Climber Wind. Scott Farrell will remain as CEO.
"SafeWorks is a company with a solid leadership position in end markets that are experiencing global growth," said T.J. McGill, co-founder and managing partner of Evergreen Pacific Partners. "With its seasoned management team, strong network of distribution partners and demonstrated ability to innovate and deliver new products, SafeWorks is poised for continued strong growth in the U.S., Europe and the rest of the world."
"With this investment from Evergreen we are ready to reach new heights in our company's growth," said Scott Farrell, CEO of SafeWorks. "We will continue to invest in new technologies and products to better serve the needs of our existing customers and partners, while looking forward to advancing aerial access and safety solutions that raise the bar for the entire industry."
This is the 10th investment in a Pacific Northwest-based business since 2005 for Evergreen Pacific Partners, which manages two private equity funds totaling $700 million.
Lift & Access is part of the Catalyst Communications Network publication family.
