Daily News: August 8, 2014

Wynnchurch Capital Sells SafeWorks

Wynnchurch Capital announced the sale of SafeWorks Holdings to Evergreen Pacific Partners. The company will continue to be led by the current executive management team. Terms of the transaction were not disclosed.

Harris Williams served as financial advisor, and Perkins Coie served as legal advisor to Wynnchurch.

John Hatherly, managing partner at Wynnchurch, stated, “We appreciate the support and partnership of Scott Farrell, SafeWorks’ CEO, and the rest of the company’s management team over the past eight years. Scott and his team successfully navigated through the turbulent economic landscape of the past several years and these efforts and determination drove an exceptional return for our investors.”

Seattle-headquartered SafeWorks is a global manufacturer of suspended access products.