Intrepid Advises Safety Solutions Holdings on its Sale of Premier Safety to Municipal Emergency Services

Intrepid Investment Bankers, a leading middle-market investment bank and the advisory arm of global financial group, MUFG, announced today that it served as the exclusive financial advisor to Safety Solutions Holdings, LLC, a portfolio company of The Edgewater Funds, on its sale of Premier Safety to Municipal Emergency Services, Inc. (MES), a portfolio company of Platte River Equity.

Premier Safety – A Differentiated Expert in Safety Products, Services, and Rentals

Premier Safety, an operating subsidiary of Safety Solutions Holdings, a portfolio company of the edgewater funds and JZ Partners has been acquired by Municipal Emergency Services, a portfolio company of Platte River Equity

Based in Detroit, Michigan, Premier Safety is a leading distributor of industrial safety products, firefighter equipment, equipment services, and rentals. Founded in 1950 as Argus Supply Company, the company has established itself as a trusted partner to premium brands, delivering life-critical, injury prevention products, services, and solutions to both industrial clients and firefighters. Premier Safety has five strategically located facilities in North America ensuring rapid order fulfilment, and boasts a highly knowledgeable, and tenured, management, sales, customer service, and technician teams.

The Next Chapter

The acquisition brings together two industry leaders with a shared commitment to excellence.  Premier Safety’s expertise in equipment services and rentals complements MES’s existing portfolio, providing a more comprehensive and integrated range of solutions to customers. The partnership will strengthen MES’s position in the industrial safety sector while expanding its presence in the fire service market.

“The addition of Premier Safety into our portfolio represents a pivotal moment in MES’s strategic growth,” said Marvin Riley, CEO of MES. “It strengthens our position in the industrial safety sector while expanding our reach in the fire service market, where we maintain a leading presence by distributing premium brands.”

“This acquisition is critical in our mission to provide the highest level of safety equipment and services across a broader market,” said David Malecki, President of Premier Safety. “By partnering with industry leaders, we are better equipped to meet the evolving needs of our customers and continue delivering top-tier safety solutions they expect from us.”

A New Partnership in Safety

“Platte River is committed to supporting MES in its broader mission to provide unmatched support to America’s at-risk workers for their safety equipment needs. This acquisition is an important milestone in expanding MES’s reach in pursuit of that mission, providing access to a new end market and broadened product set,” added Eric Crawford, Managing Director of Platte River.

“It was a pleasure working with the Edgewater and Premier Safety teams to facilitate this partnership. Premier’s differentiated product offering, technical expertise, and longstanding reputation for quality and service made them an attractive asset and the right fit for MES,” said Jeremiah Mann, Managing Director and Head of the Industrials and Business Services Group at Intrepid.

About Intrepid’s Industrials and Business Services Practice

Intrepid’s Industrials and Business Services practice is a hands-on, creative advisory team with deep industry expertise and a heritage of patiently guiding entrepreneurs and family business owners to achieve their transaction goals. We work with closely-held and investor-backed companies across key subsectors. Within industrials, we focus on residential and commercial services, industrial automation and material handling, safety products and PPE, flow control, electronic connectors, assemblies and components, process equipment and industrial machinery, engineering services and specialty contracting, building products, mechanical power transmission, contract textiles and furniture, environmental services, specialty distribution, and niche manufacturing. Within business services, we focus on tech-enabled services, marketing services and advertising agencies, specialty consulting, business process outsourcing, human capital management, and staffing and recruiting. Our senior bankers have developed a keen understanding of value drivers and valuation trends in these subsectors, and maintain ongoing dialogue with investors and strategic acquirers targeting these verticals.