Safety Products Holdings, a portfolio company of Levine Leichtman Capital Partners, has been sold to Bertram Capital

Safety Products Holdings (SPH) is a market-leading provider of safety cutting tool systems. The company offers a comprehensive suite of highly engineered, consumable cutting tools that reduce employee injuries and product damage – and increase productivity – generating millions in annual savings for customers. SPH has established two premier brands, Pacific Handy Cutter and Klever Innovations, known for safety and performance. Under those two brands, the company offers cutting tool handles, blades and accessories that are primarily sold business-to-business through many of the world’s largest industrial distributors and direct to a highly diverse group of blue-chip end users for use in back-of-the-house applications. SPH serves the distribution center, mass merchandise, grocery, industrial, foodservice and pharmaceutical markets, among others. With dual, vertically integrated “centers-of-excellence” in blade manufacturing and injection molding in Irvine, California, and Grand Haven, Michigan, respectively, the company’s manufacturing flexibility and premium quality are unmatched in the industry. For more information, please visit phcsafety.com and kleverinnovations.net.

“Lincoln’s safety products and cutting tools expertise was critical to generating our exceptional outcome. It enabled them to effectively articulate and sell SPH’s value proposition, differentiation in the market and growth trajectory. We valued Lincoln’s senior level support and instrumental advice throughout the sale process,” said Mark Marinovich, Chief Executive Officer of SPH.

Lincoln acted as the lead financial advisor to Levine Leichtman Capital Partners and SPH, working closely with the shareholders and the management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, due diligence and negotiation phases of the transaction. Terms of the transaction were not disclosed.

Levine-Leichtman_Safety-Products-Holding_Bertram-Capital
  • 2020
    Close Year
  • Industrials
    Industry
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA
    Countries
Lincoln ran a thoughtful, disciplined and highly competitive process. Lincoln was successful in navigating the COVID landscape, generating strong enthusiasm for SPH and delivering a highly successful outcome for the company and its shareholders.
Matthew Frankel
Managing Partner of Levine Leichtman Capital Partners

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