Point 41 Capital acquires Safe-Way Garage Doors from CW Industrial Partners

Point 41 Capital Partners has acquired Safe-Way Garage Doors from CW Industrial Partners. This acquisition involves a partnership with the company’s management team, aiming to support its next phase of growth. The terms of the acquisition were not disclosed.

Safe-Way Garage Doors is headquartered in Warsaw, Indiana. The company manufactures and distributes customizable residential and commercial overhead garage doors and related products. It serves customers across the US through a nationwide network of manufacturing facilities and distribution centers.

Founded in 1959, Safe-Way has established a strong reputation for its broad product range, extensive customization capabilities, and efficient lead times. This was highlighted in a recent release regarding the acquisition.

Aaron Wolfe, managing partner at Point 41, expressed enthusiasm about the partnership. “We are excited to partner with Ted and the Safe-Way team to accelerate the company’s growth,” Wolfe stated. He further added, “We have been impressed by the management team’s track record of execution and its clear vision for the business.”

Point 41 looks forward to supporting the Safe-Way team as it aims to deepen its presence in core markets. The strategic plan also includes expanding into new geographies and broadening the company's product portfolio.

Point 41 is a middle-market private equity firm that collaborates with management teams in the specialty industrials and services sectors. The firm typically invests in North American companies with enterprise values ranging between $50 million and $350 million.

Klehr Harrison Harvey Branzburg, K&L Gates, and Kirkland & Ellis provided advisory services to Point 41 during the deal. KeyBanc Capital Markets advised Safe-Way in the transaction.