OBERON HAS BEEN ACQUIRED BY SUREWERX, A PORTFOLIO COMPANY OF THE RIVERSIDE COMPANY
Prestwick is pleased announce the sale of Oberon Company to SureWerx, a portfolio company of The Riverside Company. Prestwick acted as the exclusive advisor to Oberon Company and its shareholders. The terms of the transaction were not disclosed.
Oberon Company (www.oberoncompany.com) is a leading designer and manufacturer of Arc Flash personal protective equipment (“PPE”) used to protect workers from electrical and gas hazards. Oberon is one of the largest independent manufacturers of Arc Flash PPE products and has been recognized as a category leader and innovator for over 40 years. The company introduced the industry’s first Arc Flash face shield and suit set in 1985 as a way to protect electric utility meter installers against arc flash burns. Since then, Oberon has become a premier brand in the industry, providing comprehensive safety products for professionals serving electric and gas utilities, oil and gas companies, industrial manufacturers, government and military markets.
SureWerx (www.surewerx.com) is a leading global supplier of professional safety products, tools, and equipment. SureWerx offers unparalleled access to its family of brands through its partner distributor network servicing the industrial, construction, safety, utilities, automotive aftermarket, healthcare and food production markets globally.
The Riverside Company (www.riversidecompany.com) is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 870 investments. The firm’s international private equity and structured capital portfolios include more than 130 companies. Riverside believes a truly global presence provides exceptional insight into local conditions, culture and business practices, making team members better investors and business partners.