Edgewater Growth Capital Partners III, L.P. (the “Fund”) is pleased to announce the recent acquisition of Premier Safety & Services, Inc. (“Premier” or the “Company”). Premier is a leading industrial safety equipment distributor specializing in a range of safety equipment including gas detectors, respiratory equipment, fall protection and other personal protection supplies. Premier is being added to the Fund’s platform company Testing Services Holdings, LLC. (“Testing Services”)
Testing Services was formed in 2010 to acquire specialty testing companies servicing the Health, Safety and Environmental market (“HSE”). Testing Services has completed 7 acquisitions to date in two verticals: 1) industrial hygiene testing and laboratory services and 2) sales and rental of equipment used to test and maintain a safe work environment. Premier is a highly complementary addition to the sales and rental vertical, adding well respected industry relationships and personnel to the platform.
Testing Services is continuing to pursue acquisitions of complementary, high quality niche companies in the HSE services and equipment industry.