Intrepid announced today that it acted as the exclusive financial advisor to SafetySkills LLC (“SafetySkills”) on its sale to Health & Safety Institute (“HSI”), a portfolio company of Waud Capital Partners.
Founded in Oklahoma City, Oklahoma in 2007, SafetySkills is an innovative and rapidly growing provider of environmental, health and safety (“EHS”) training solutions to blue chip customers across a broad range of end-markets. The Company’s dynamic, competency-based online training courses and management solutions have been designed for the next generation of workers and deliver fresh, impactful content with streamlined reporting and compliance. SafetySkills has an established track record of success and is expected to bring more than 1,000 courses and over 1,700 customers into the HSI fold.
“It was clear to us from the beginning of the selection process that Intrepid was the best option to represent us.” said SafetySkills Founder and Chief Executive Officer Trey Greene and Jill Greene, Chief Sales Officer. “The entire team was knowledgeable, honest, enthusiastic, and encouraging. Chris and the team understood the culture of our company and the integrity of our product very quickly because it was important to them. Throughout the entire process they communicated clearly and gave us great advice every step of the way. If we were ever to go through this process again there would be no question that Intrepid would be our choice to represent us.”
“We are proud to have served as the advisor to the SafetySkills team. Trey and Jill are incredible people, who built an equally incredible business in SafetySkills. They possess a unique combination of passion, intelligence, vision, and discipline that enabled them to create a world-class and rapidly growing EHS training and management platform,” said Christopher Park, Managing Director and Head of the Software & Services practice at Intrepid. “SafetySkills has tremendous growth potential and we are confident that the partnership with HSI will further drive innovation and market-leading solutions to the EHS training marketplace.”
Deal Team Contacts
About Intrepid’s Software & Services Practice
Accessing capital and achieving a premium valuation requires a unique and disruptive idea, a scalable business model, vision for sustained growth, and strong execution. Intrepid’s Software & Services practice is an innovative and focused strategic advisory unit that has deep industry expertise assisting entrepreneurs, middle-market business owners and investors across key subsectors, including vertical SaaS, sales enablement, compliance technology, human capital management, transportation & logistics technology, data & analytics, payments & fintech, cybersecurity, HCIT, and tech-enabled services. Our bankers take the time to understand a company’s business model and advise it in defining and articulating its vision to the market.