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New Deal


Announced

Completed

Partners Group completed the acquisition of SureWerx from Riverside, for €807.5m.

Financials

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Transaction Value£712m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

Acquisition

Friendly

Cross Border

Capital Goods

Canada

Completed

protective equipment

Single Bidder

Majority

Synopsis

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Partners Group, a global private markets investment manager, completed the acquisition of SureWerx, a manufacturer of professional-grade safety and equipment products for workers, from Riverside, a private equity firm, for €807.5m. "Our brands have a long history of high performance and technical superiority, which clearly differentiate them from competitors. At SureWerx, we incorporate input from end-users during our internal product innovation and manufacturing review processes, which allows us to develop unique and tailored solutions. We are now looking to cement our market leading position and institutionalize our vision. Partners Group's operational expertise and financial resources make the firm an ideal long-term partner to help us achieve our goals," Chris Baby, SureWerx CEO.

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