Total Safety, a portfolio company of Warburg Pincus, has acquired Z-Safety Systems (which does business as Z-Monitoring). No financial terms were disclosed. Z-Safety Systems is a safety services provider.
HOUSTON, TX and BRUSSELS, BELGIUM–(Marketwired – Jul 25, 2014) – Total Safety, the leading international safety solutions provider, today announced it has acquired Z-Safety Systems (d/b/a Z-Monitoring), designer and engineer of the Z-Monitoring Centralized Confined Space Monitoring System, from Z-Group. Z-Monitoring developed the only globally patented system to safely monitor and communicate with confined space personnel. Terms of the transaction were not disclosed.
Z-Monitoring and Total Safety have worked together for the past decade bringing these systems to bear in Europe and, jointly, introduced the technology to the United States market two years ago with many successful projects completed to date. That relationship helped forge this new formal partnership where the Z-Monitoring engineers, patent portfolio, and rental fleet — including Z-Spider gas detection systems and the Z-Gate solutions — are now firmly part of the inventive team at Total Safety.
“The Z-Monitoring system, field-tested more than 100 times during major facility maintenance turnarounds in Europe and the United States, has been an excellent addition to our integrated safety solutions portfolio,” said Total Safety Chief Executive Officer Troy Thacker. “We are pleased to incorporate the system and patent portfolio into our worldwide operations and, with their outstanding engineers on the Total Safety team, plan to continue our investment in innovative and comprehensive solutions that enhance safety for our customers’ workforces around the world.”
“We are extremely pleased to further integrate our inventive and technologically driven products into Total Safety,” said Matty Zadnikar, CEO of Z-Group. “Together we provide our customers with the essential balance between man and technology.”
This is Total Safety’s second acquisition of a business from Z-Group. The first acquisition was of Z-Safety Services in 2011. Z-Staffing, Z-Matic, and Z-Tracker operations, the remaining elements of the Z-Group, are unaffected by the transaction.
About Total Safety
Total Safety, a Warburg Pincus portfolio company, is the world’s premier provider of integrated safety and compliance services and the products necessary to support them, including gas detection, respiratory protection, safety training, fire protection, compliance and inspection, comprehensive flare services, industrial hygiene, onsite emergency medical treatment/paramedics, communications systems, engineered systems design, and materials management. It operates from 148 locations in 20 countries to ensure the safe Wellbeing of Workers Worldwide (W3). For more information about Total Safety and its unwavering commitment to safety, visit www.totalsafety.com.