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Announced

Completed

Ridgemont Equity Partners completed the acquisition of American Safety Council from Falfurrias Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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training solutions

Outsourced HR and Staffing

Majority

Friendly

Acquisition

Completed

United States

Private

Single Bidder

Private Equity

Synopsis

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Ridgemont Equity Partners, a middle market private equity investor, completed the acquisition of American Safety Council, a national provider of mandatory training, education, and certification solutions to regulated end markets, from Falfurrias Capital Partners, a Charlotte-based private equity firm. Financial terms were not disclosed. "ASC has an outstanding management team, led by John Comly, and a uniquely scaled, national platform with nearly 2m customers and over four hundred online courses that help people lead safer and more productive lives. We have followed the business and its impressive growth trajectory for many years and are very pleased to partner with the ASC team to continue to invest in its content and technology and to actively pursue M&A opportunities in adjacent end markets," Rob Edwards, Ridgemont Partner.

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