Deals
Partners Group Agrees to Buy SureWerx from Riverside Co.
- Deal is said to value safety equipment maker at $870 million
- SureWerx CEO Chris Baby to stay on after transaction
Swiss private equity firm Partners Group Holdings AG has agreed to buy personal protective equipment SureWerx from the Riverside Co.
The deal values SureWerx at about $870 million including debt, according to a person who asked not to be identified because the terms were private. Riverside bought the company from Penfund in 2018 for an undisclosed sum and backed management to make acquisitions that have included Oberon Co. and Footwear Specialties International.