- Safe-Way serves customers nationwide through a network of manufacturing facilities and distribution centers
- Point 41 targets North American companies in the specialty industrials and services sectors with enterprise values between $50 million–$350 million
- Klehr Harrison Harvey Branzburg, K&L Gates and Kirkland & Ellis advised Point 41 on the deal, while KeyBanc Capital Markets advised Safe-Way
Point 41 Capital Partners has acquired Safe-Way Garage Doors from CW Industrial Partners, partnering with the company’s management team to support its next phase of growth.
Headquartered in Warsaw, Indiana, Safe-Way makes and distributes customizable residential and commercial overhead garage doors and related products, serving customers across the US through a nationwide footprint of manufacturing facilities and distribution centers. Founded in 1959, the company has built a reputation for product breadth, customization capabilities and lead times, according to the release.
“We are excited to partner with Ted and the Safe-Way team to accelerate the company’s growth,” said Aaron Wolfe, managing partner at Point 41. “We have been impressed by the management team’s track record of execution and its clear vision for the business…we look forward to supporting the team as it deepens its presence in core markets, expands into new geographies, and broadens its product portfolio.”
Point 41 is a middle-market private equity firm that partners with management teams in the specialty industrials and services sectors, investing in North American companies with enterprise values between $50 million and $350 million. Point 41 acquired Safe-Way from CW Industrial Partners for undisclosed terms.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.