SRP Advisors, LLC Represents Safe Fleet in Acquisition of Randall Manufacturing

 

We are pleased to announce that SRP Advisors, LLC initiated the transaction and acted as financial advisor to Safe Fleet in connection with the acquisition of Randall Manufacturing. Headquartered in Belton, MO, Safe Fleet owns a portfolio of brands that provide increased functionality and integrated solutions for fleet vehicle manufacturers and operators around the world. These brands serve five major markets including: emergency services, bus and rail, truck and trailer, utility, and industrial. Randall is a leading manufacturer of specialized products used mainly in refrigerated semi-trailers in connection with the transportation of food and beverages. Randall’s Temperature Control Products division provides insulated partitions, known as bulkheads and center divides, that are used to segregate refrigerated trailers into different temperature zones. Randall Access products provide safety and productivity solutions such as walkramps, platforms and ladders across any type of truck or trailer. Randall’s CEO Fred Jevaney will manage the combined Randall and Safe Fleet Truck and Trailer businesses.

This transaction extends the successful track record of SRP Advisors working with leading companies in the specialty vehicle components market.

“The Randall brand and product line strongly complement the ROM and Bustin brands of Safe Fleet’s Truck and Trailer offerings. We are delighted to welcome Fred Jevaney and the Randall organization to Safe Fleet.”

John R. Knox
President & CEO
Safe Fleet

For more information about this transaction or the merger and acquisition advisory services of SRP Advisors, LLC, please contact Sean Prendergast, Managing Partner at 818-514-8959.

About Safe Fleet
Headquartered in Belton, MO, Safe Fleet owns a portfolio of brands that provide increased functionality and integrated solutions for fleet vehicle manufacturers and operators around the world. These brands serve five major markets including: emergency services, bus and rail, truck and trailer, utility, and industrial. With 1000 employees, the Safe Fleet family of brands operates almost 600,000 square feet of manufacturing space and targets markets with increasing demand for operator, passenger, and pedestrian safety. Safe Fleet is a portfolio company of The Sterling Group, based in Houston, TX. For more information about Safe Fleet please visit www.safefleet.net.

About SRP Advisors, LLC
SRP Advisors, LLC provides merger and acquisition advisory services to both buyers and sellers of middle market companies. SRP Advisors works with owners of private companies across all industry segments who might be interested in exploring alternatives for their company such as a full or partial sale of the business, an investment in the business from a private equity group, or a transition of ownership to management or the next generation of family. SRP Advisors also provides strategic acquisition advisory services for public, private and private equity sponsored companies looking to grow their business through mergers and acquisitions. Contact Sean Prendergast, Managing Partner at 818-514-8959.