We are pleased to announce that SRP Advisors, LLC initiated the transaction and acted as financial advisor to Safe Fleet in connection with the acquisition of the mirror product line for busses, shuttles and coaches from Hadley. Headquartered in Belton, MO, Safe Fleet owns a portfolio of brands that provide increased functionality and integrated solutions for fleet vehicle manufacturers and operators around the world. These brands serve five major markets including: emergency services, bus and rail, truck and trailer, utility, and industrial. Based in Elkhart, IN, Hadley is the North American market leader for transit bus mirrors with a well-known reputation for designing advanced mirror configurations that provide a safer experience for the driver and passengers. The combination of Hadley with Specialty Manufacturing, Transpec, Pretoria and Seon, establishes Safe Fleet as the leading supplier of specialty safety components for transit busses. Additionally, Safe Fleet is well positioned to offer its full product line of mirrors, hatches, lighting, interiors and video to the school bus, motor coach, RV, shuttle bus, emergency and military vehicle markets.
This transaction extends the successful track record of SRP Advisors working with leading companies in the specialty vehicle components market.
“We are delighted to welcome the Hadley mirror business into the Safe Fleet family. This acquisition supports our vision to build the leading global provider of safety solutions for fleet vehicles.”John R. Knox
President & CEO
For more information about this transaction or the merger and acquisition advisory services of SRP Advisors, LLC, please contact Sean Prendergast, Managing Partner at 818-514-8959.
About Safe Fleet
Headquartered in Belton, MO, Safe Fleet owns a portfolio of brands that provide increased functionality and integrated solutions for fleet vehicle manufacturers and operators around the world. These brands serve five major markets including: emergency services, bus and rail, truck and trailer, utility, and industrial. With 1000 employees, the Safe Fleet family of brands operates almost 600,000 square feet of manufacturing space and targets markets with increasing demand for operator, passenger, and pedestrian safety. Safe Fleet is a portfolio company of The Sterling Group, based in Houston, TX. For more information about Safe Fleet please visit www.safefleet.net.
About SRP Advisors, LLC
SRP Advisors, LLC provides merger and acquisition advisory services to both buyers and sellers of middle market companies. SRP Advisors works with owners of private companies across all industry segments who might be interested in exploring alternatives for their company such as a full or partial sale of the business, an investment in the business from a private equity group, or a transition of ownership to management or the next generation of family. SRP Advisors also provides strategic acquisition advisory services for public, private and private equity sponsored companies looking to grow their business through mergers and acquisitions. Contact Sean Prendergast, Managing Partner at 818-514-8959.