Warsaw’s Safe-Way Garage Doors Sold to CapitalWorks
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Cincinnati-based Brixey & Meyer Capital says its portfolio company, Safe-Way Garage Doors in Warsaw, has been acquired by CapitalWorks, a private equity firm based in Ohio. Financial terms of the deal were not disclosed.
Safe-Way manufactures and distributes residential, commercial, and industrial overhead garage doors. The company’s manufacturing facility is based in Warsaw, while its distribution centers are located in Tennessee and Missouri.
“Safe-Way has built a solid foundation to continue its exponential growth and we are confident that CapitalWorks is the right partner for Safe-Way to continue its tremendous journey,” said David Brixey, chief executive officer of Brixey & Meyer Capital.
BMC acquired Safe-Way last year. BMC says during its ownership, it partnered with the Safe-Way management team to streamline manufacturing processes and invest in its employee base to meet demand for its product over the last two years.