Align Capital Partners has acquired a majority of Lewellyn Technology LLC. Evolution Capital Partners is the seller. Financial terms weren’t announced. Lewellyn, of Indianapolis, provides electrical safety training and inspection services for Fortune 1000 companies nationwide.
CLEVELAND and DALLAS, December 4, 2017 – Align Capital Partners (“ACP”) is pleased to announce its majority acquisition of workplace safety and training company Lewellyn Technology, LLC (“Lewellyn” or “the Company”) from Evolution Capital Partners (“Evolution”). This is ACP’s first platform investment from the business-to-business training and certification thesis ACP launched earlier this year.
Lewellyn is a market leader providing critical, high impact electrical safety training and inspection services such as Arc Flash, Combustible Dust and Lockout/Tagout risk assessments. Headquartered in Indianapolis, Indiana, the Company provides onsite training, hazard assessments, and mitigation for Fortune 1000 companies nationwide through its highly skilled in-house network of engineers and technicians.
“We are excited to partner with Mike Vea and the entire Lewellyn team to build upon the solid foundation created by Evolution during its investment period,” said ACP Managing Partner Chris Jones. “We will be focused on further developing Lewellyn’s sales and marketing capabilities to accelerate organic growth, while launching a new growth initiative to complete complementary add-on acquisitions within the electrical safety and combustible dust training and certification markets. “
“I’m grateful for the partnership and support of the Evolution team during the past five years,” said CEO Mike Vea. “As we envision the next chapter of growth for our Company, I’m confident in Lewellyn’s ability to scale our platform with the significant resources and growth experience that ACP brings to the Company.”
Managing Partner Steve Dyke, Operating Partner John Dupuy, Vice President Matt Beesley, and Associate Kurt Smentek worked alongside Mr. Jones on the transaction. About Lewellyn Founded in 1993, Lewellyn Technology is a market leading outsourced safety solutions partner that provides companies with best-in-class electrical and workplace safety services. The Company’s electrical and combustible dust safety solutions have helped more than 45,000 companies protect employees and comply with various safety regulations. For more information, visit https://lewellyn.com.
About Align Capital Partners
Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP brings experience, resources, and a $325 million committed fund to help companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in growth-oriented, lower-middle market specialty manufacturing, distribution, and business services companies. Lewellyn is the firm’s third platform company investment completed since the firm’s first fund closed in September 2016. For more information, visit www.aligncp.com.