Los Angeles, CA - Capstone Partners LLC, a leading national investment banking firm, announced that it has successfully advised Safety Sam, Inc. (dba Safety Services), on its recapitalization by Serent Capital.
Safety Services is a leading provider of safety and compliance products and services to small and mid-sized businesses in the US and Canada. The company has helped over 200,000 businesses maintain a safe work environment and comply with federal and state safety regulations. Safety Services sells customizable safety materials, training kits, and compliance solutions tailored to meet the safety and compliance requirements in industries such as construction, oil & gas, and healthcare. Serent Capital is a growth equity firm focused on investing in rapidly expanding businesses.
Serent acquired a majority equity position from Dickinson, who retains a significant interest in the business and is continuing to support the company as an active board member. With Serent’s support, the new Board of Directors has hired an experienced new CEO, Peter Schrady, and the company has recently added several additional executives to help scale the business. Serent is working closely with the new management team as it accelerates the company's growth.