News Releases

McColl Partners Closes Industrials and Building Products Transaction

McColl Partners, LLC acted as financial advisor to the majority shareholder in the sale of his controlling interest in Northern Safety Co., Inc. ("Northern Safety" or the "Company").  The transaction provides liquidity for the selling shareholder while providing management with institutional resources to better leverage Northern Safety's impressive historical growth trajectory and market knowledge.  The Company is well positioned to further increase its reach in the rapidly growing direct distribution channel of the industrial safety and supply industry.

About Northern Safety Co., Inc.

Northern Safety is a national business-to-business distributor of high-quality safety products and industrial supplies to a wide variety of customers in industries, including manufacturing, construction, metals, oil and gas extraction, paper, engineering, and energy producers, through its mail order catalog, web site, and call center.  The Company stocks over 13,000 stock keeping units, including both private label and non-proprietary brands, in a wide variety of products, including safety glasses, gloves, footwear, hearing protection, head and face protection, hand and power tools, material handling supplies, janitorial supplies, and shipping supplies.

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies.  With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Industrials and Building Products Group, please contact Brad Winer at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.