Trending...
- Brandi Little to Debut Powerful Soul Single "Thought It Was Love" June 27 on MoonTownTunes.com - 369
- DivX Enhances AVI Playback Resources; Simplifies Guide to Playing AVI Files with DivX Software
- Innovative EDM Music Project, "Terms of War," Depicts an A.I. Takeover of Earth
ATLANTA, July 15, 2024 ~ Safe-Guard Products International, LLC has announced a major investment from private equity firm Hellman & Friedman, solidifying its position as a leading provider of finance and insurance products for the automotive, RV, marine, and powersports industries. The strategic partnership is expected to drive Safe-Guard's growth and enhance its offerings in the sector.
With this new investment, Safe-Guard's management team will continue to lead the company towards success for the benefit of its partners, customers, and stakeholders. Randy Barkowitz will assume a board-level leadership role as full-time Executive Chairman while David Pryor remains President and takes on the role of Chief Executive Officer.
"We are thrilled to welcome Hellman & Friedman as our new majority investor," said Barkowitz. "Safe-Guard's commitment to excellence remains steadfast. With their backing and Stone Point's continued support, we are positioned to deliver even more innovative solutions, superior service, and unmatched value to our partners and their customers."
Hellman & Friedman is known for its focus on helping industry leaders reach new heights and fully supports Safe-Guard's unique strategy and strong management team. The investment highlights their dedication to supporting Safe-Guard in delivering top-notch F&I products, dealer service, customer satisfaction, and technology solutions. This partnership will provide Safe-Guard with additional resources to invest in its people, processes, and technology.
More on Georgia Chron
"Safe-Guard is a differentiated provider of private label protection products that offer value to dealers, strategic partners, and consumers," said Hunter Philbrick, Partner at Hellman & Friedman. "The business has built an impressive reputation for its high-quality products and service, and we are excited to partner with the talented management team and provide additional firepower to support the company's strategic priorities. We see several significant growth opportunities and look forward to working together to realize the immense potential ahead."
Headquartered in Atlanta, Safe-Guard's Protection Products Platform sets the standard for service, consistency, and customer-centric solutions for over 19 million consumers. This investment from Hellman & Friedman will allow Safe-Guard to further enhance its offerings and continue to provide top-notch service to its customers.
Goldman Sachs & Co. LLC and SPC Capital Markets LLC served as financial advisors to Safe-Guard, while Debevoise & Plimpton LLP acted as legal counsel. Jefferies LLC was the lead financial advisor for Hellman & Friedman, with Waller Helms Advisors also providing financial advice and Kirkland & Ellis acting as legal counsel. This partnership marks an exciting new chapter for Safe-Guard as they continue to lead the way in the finance and insurance industry.
With this new investment, Safe-Guard's management team will continue to lead the company towards success for the benefit of its partners, customers, and stakeholders. Randy Barkowitz will assume a board-level leadership role as full-time Executive Chairman while David Pryor remains President and takes on the role of Chief Executive Officer.
"We are thrilled to welcome Hellman & Friedman as our new majority investor," said Barkowitz. "Safe-Guard's commitment to excellence remains steadfast. With their backing and Stone Point's continued support, we are positioned to deliver even more innovative solutions, superior service, and unmatched value to our partners and their customers."
Hellman & Friedman is known for its focus on helping industry leaders reach new heights and fully supports Safe-Guard's unique strategy and strong management team. The investment highlights their dedication to supporting Safe-Guard in delivering top-notch F&I products, dealer service, customer satisfaction, and technology solutions. This partnership will provide Safe-Guard with additional resources to invest in its people, processes, and technology.
More on Georgia Chron
- Durex Products Wire Cloth Screen Media: Engineered for Maximum Performance and Durability
- OPRAH.COM Featured Award-Winning Novel AS FAR AS YOU GO BEFORE YOU HAVE TO COME BACK now Available as Audiobook
- How Kallie Boxell Helps Texas Companies Solve the Talent Equation
- KeysCaribbean Vacation Home Rentals Offers Last-Minute Booking Discount of 15 Percent
- Navigator NIL/Announces Signing of Dynamic Georgia Linebacker Kiersten Lee
"Safe-Guard is a differentiated provider of private label protection products that offer value to dealers, strategic partners, and consumers," said Hunter Philbrick, Partner at Hellman & Friedman. "The business has built an impressive reputation for its high-quality products and service, and we are excited to partner with the talented management team and provide additional firepower to support the company's strategic priorities. We see several significant growth opportunities and look forward to working together to realize the immense potential ahead."
Headquartered in Atlanta, Safe-Guard's Protection Products Platform sets the standard for service, consistency, and customer-centric solutions for over 19 million consumers. This investment from Hellman & Friedman will allow Safe-Guard to further enhance its offerings and continue to provide top-notch service to its customers.
Goldman Sachs & Co. LLC and SPC Capital Markets LLC served as financial advisors to Safe-Guard, while Debevoise & Plimpton LLP acted as legal counsel. Jefferies LLC was the lead financial advisor for Hellman & Friedman, with Waller Helms Advisors also providing financial advice and Kirkland & Ellis acting as legal counsel. This partnership marks an exciting new chapter for Safe-Guard as they continue to lead the way in the finance and insurance industry.
Filed Under: Business
0 Comments
Latest on Georgia Chron
- Loyal Locker® Launches Beta to Empower Black-Owned Businesses with Next-Gen Loyalty Platform
- MoonTown Records & Publishing Presents "Gonna Stay Friends" by Pariss El
- GMO Miner: Creating a simple, efficient and reliable new cloud mining experience
- DOT Miners launches a new cloud mining platform: low threshold, high transparency, and helps promote the inclusion of global digital assets
- Fray Fitness and Truemed Partner to Enable HSA/FSA-Funded Fitness Equipment Purchases
- Crazy Discount Codes App Transforms Mobile Shopping With Real-Time Deals
- Sploot Vets and DeepScan Launch Exclusive Regional U.S. Partnership to Bring Breakthrough Pet DNA Test to Market
- Georgia: Gov. Kemp Announces Latest Workforce Housing Grant Awards
- As Sober.Buzz Community Explodes It's Growth Globally it is Announcing "Spreading the Good BUZZ" Podcast Hosted by Josh Case Debuting July 7th
- Benchmark International Facilitated the Trans BT MTG Services, LLC and to an Individual Investor
- Coming Soon: The Cottages at Powell Park Offer a Rare Blend of Charm, Convenience, and Community in Raleigh
- Atlanta Hair Transplant and Restoration Specialist Dr. Benjamin Stong Now Accepting Bitcoin (BTC) for Hair Transplant Procedures at KalosHairTransplant.com
- CredHub and All County Property Management Franchise Corp. Partner to Empower Franchisees with Rental Payment Credit Reporting Solutions
- Pregis Shares 2024 Sustainability Report Highlighting Progress in Circular Product Innovation, Emissions Accountability, and Global Impact
- Initial Order Received from Vietnamese Maritime Security and Defense Services for Advanced Video Compression Solution: RMX; Stock Symbol: RMXI
- Keebos Launches New Universal Pearl Strap That Attaches to Any Phone Case
- Varsity Spirit Launches World's First Professional Cheerleading League
- Work 365 Launches Certified Provider Integration (CPI) Program to Help Distributors and CSPs Navigate Microsoft's Evolving Ecosystem
- Top Hardwood Flooring for Busy Families
- Five Aster Awards! Fusion Marketing Group Brings Home Big Wins in 2025!