trending Market Intelligence /marketintelligence/en/news-insights/trending/iap4fhnhzfkh7tx1pousvq2 content esgSubNav
In This List

Riverside adds SureWerx to specialty manufacturing/distribution portfolio

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Riverside adds SureWerx to specialty manufacturing/distribution portfolio

Global private equity firm Riverside Co. made a strategic investment in SureWerx, expanding its specialty manufacturing and distribution portfolio.

The investment is expected to help SureWerx add complementary new products to its offerings. Riverside operating partner Eric Nowlin will become nonexecutive chairman at SureWerx.

SureWerx, which has its headquarters in Vancouver, British Columbia, and Elgin, Ill., provides proprietary branded professional safety products, tools and equipment for general industrial, construction, energy and automotive aftermarket applications. It has a customer base of more than 3,500 in North America.

Golub Capital provided debt financing for the transaction, with Jones Day and KPMG serving as the legal counsel and accounting adviser, respectively.