Graycliff Partners sells Ballymore Safety Products to One Equity Partners

Graycliff Partners LP has successfully sold Ballymore Safety Products to One Equity Partners (OEP), a prominent middle-market private equity firm.

Ballymore, renowned for its innovative vertical access and material handling safety products, is poised for further growth under new ownership.

Over the past three years, Ballymore has seen a period of remarkable transformation, attributed to strategic mergers and acquisitions as well as organic growth initiatives under the guidance of Graycliff Partners.

The company’s expansion included two key acquisitions that introduced new products, broadened the customer base, and enhanced manufacturing processes.

Under the leadership of CEO Bill Frame, Ballymore has bolstered its executive team and recruited essential engineering expertise to internalize product development.

This strategic move has led to the launch of several new products designed in-house. Additionally, the company underwent a comprehensive rebranding effort to more accurately represent its extensive product line and commitment to workplace safety solutions.

The transaction was facilitated by Fairmount Partners and BlackArch Partners, who acted as co-financial advisors.

Legal counsel was provided by Akerman LLP, ensuring a smooth transition as Ballymore embarks on its next chapter with OEP.

This acquisition marks a pivotal step for Ballymore as it continues to lead the way in providing safe and efficient solutions for industrial and retail environments.

Brandon Martindale, Partner at Graycliff, said, “We are proud of all we have accomplished over the last three years, which could not have been done without the hard work and dedication of Bill and the team at Ballymore and their unwavering focus on safety, quality, innovation, and partnership.

We believe Ballymore is well positioned to continue its growth trajectory, and we look forward to seeing what the team will achieve with OEP’s support.”

“Graycliff’s support and guidance were integral in getting us to where we are today,” said Bill Frame, Ballymore CEO.

“The improvements we’ve made to our product offering, talent, branding, and operations have given us the tools to grow into a true market leader and full-scale provider of safety solutions across North America. We look forward to partnering with OEP to achieve this vision.”

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