Gryphon Investors has acquired Safety Management Group, a leading provider of outsourced safety services, establishing a new platform for future investments in the industry.

Information on the Target

Gryphon Investors, a prominent middle-market private investment firm, has successfully acquired Safety Management Group (SMG), a top-tier provider of outsourced safety services, from NMS Capital. This acquisition marks the establishment of a new platform dedicated to future investments in the outsourced safety services domain. Founded in 1991 and headquartered in Indianapolis, Indiana, SMG excels in safety, compliance, and risk management, offering bespoke solutions that integrate consulting, on-site execution, and advanced technology. SMG's tailored programs foster safe and sustainable operations, catering to diverse industries such as data centers, pharmaceuticals, utilities, and manufacturing.

Randy Gieseking, the CEO of SMG, alongside his management team, will continue to lead the Company and retain a significant ownership share. Gieseking commented on the partnership, highlighting that Gryphon's extensive experience in enhancing similar technical services businesses positions SMG to capitalize on substantial organic growth and potential mergers and acquisitions opportunities. He expressed eagerness to collaborate closely with Gryphon, leveraging their integrated operational and deal-making model to innovate and further the Company’s success.

Industry Overview in the Target’s Specific Country

The market for outsourced safety services in the United States is witnessing considerable growth encouraged by increasing regulatory demands and a heightened awareness of workplace safety. Organizations across various sectors prioritize safety and compliance as integral