BlackArch Partners, based in Charlotte, North Carolina, recently advised on the sale of Ballymore Safety Products to One Equity Partners. Ballymore, a portfolio company of Graycliff Partners, is a leading provider of safety and material handling solutions. This transaction highlights BlackArch Partners’ expertise in the safety and material handling sectors.
BlackArch Partners, a prominent middle-market investment bank headquartered in Charlotte, played a crucial role in advising Ballymore Safety Products and Graycliff Partners on the sale to One Equity Partners (OEP). Ballymore, a leading designer and manufacturer of safety and material handling equipment, offers a comprehensive range of products used in warehouses, factories, and retail locations across North America.
Ballymore’s product line includes rolling safety ladders, lifts, work platforms, fall protection systems, portable loading docks, and various other material handling solutions. The company’s commitment to enhancing workplace safety through innovative product design has established its strong reputation in the industry. Ballymore operates six facilities in the U.S. and employs approximately 270 individuals.
The acquisition by OEP positions Ballymore for continued growth and expansion. OEP recognizes the increasing demand for safety technologies and solutions in various industries. This investment aligns with OEP’s strategy of partnering with strong businesses that possess significant growth potential. Both firms see opportunities arising from reshoring efforts and a heightened focus on employee safety.
Bill Frame, CEO of Ballymore, expressed gratitude for Graycliff Partners’ support and guidance, highlighting the company’s progress in product offerings, talent acquisition, branding, and operational efficiency. He anticipates further growth and market leadership in partnership with OEP. Brandon Martindale, Partner at Graycliff, echoed this sentiment, emphasizing Ballymore’s dedication to safety, quality, innovation, and strong partnerships.
Steve Lunau, Partner at One Equity Partners, emphasized Ballymore’s longstanding reputation for providing high-quality workplace solutions and sees significant growth opportunities through strategic mergers and acquisitions. Mario Ancic, Principal at One Equity Partners, added that the current market environment, with its focus on employee retention and safety, presents a favorable backdrop for Ballymore’s continued expansion.
BlackArch Partners and Fairmount Partners acted as co-advisors to Ballymore and Graycliff in this transaction. This deal underscores BlackArch Partner’s deep industry knowledge and successful track record in the safety products, services, and material handling sectors. The firm’s commitment to delivering tailored M&A advisory services to market-leading companies is evident in this successful transaction. This transaction further solidifies BlackArch Partners’ position as a leading M&A advisor in the Charlotte market. BlackArch Partners’ Charlotte office has a proven track record of success in advising middle-market companies on complex transactions.
