PE-backed DFP buys Fall Protection Systems

Diversified Fall Protection, which is backed by North Branch Capital, has acquired Hazelwood, Missouri-based Fall Protection Systems, a provider of engineered fall protection systems and related kits, parts and services.

Diversified Fall Protection, which is backed by North Branch Capital, has acquired Hazelwood, Missouri-based Fall Protection Systems, a provider of engineered fall protection systems and related kits, parts and services. No financial terms were disclosed.

PRESS RELEASE

North Branch Capital (“North Branch”) announced today that its portfolio company, Diversified Fall Protection (“DFP”), has acquired Fall Protection Systems (“FPS”). Based in Hazelwood, Missouri, FPS is a provider of engineered fall protection systems and related kits, parts and services for the agricultural, energy, petrochemical, pulp and paper markets, among others. The company’s capabilities include inspection, engineered design, fabrication, installation, training and certification.

“The FPS team has built a great reputation in the fall protection marketplace across the country. They are a dominant force with their innovative rigid rail systems across the Midwest and Southeast U.S. regions for the agricultural and energy market segments,” said Jeff Schneid, President & CEO of DFP. “The combination of DFP and FPS solidifies our organization as the leading fall protection integrator in North America. Our ability to offer customers superior expertise and a safer workplace environment, now combined with the most complete and diverse portfolio of solutions, is unmatched in the industry.”

This is DFP’s second add-on acquisition since partnering with North Branch in May 2019. The transaction provides further scale, engineering capabilities and a denser national footprint to DFP and allows the company to better serve its customers through a more complete product set.

The transaction closed on December 14, 2020 and marks North Branch’s 19th transaction completed since launching in 2014. Katten Muchin Rosenman LLP served as legal counsel to DFP and North Branch in the transaction. First American Bank provided a senior term loan facility. To learn more about DFP or FPS, visit www.fallprotect.com or www.fallprotectionsystems.com.

About North Branch Capital
North Branch Capital (www.northbranchcap.com) is a lower middle market private equity firm, based in Oak Brook, IL, with a long history of investing alongside and partnering with management teams in industrial businesses. We specifically target businesses that lead with engineering excellence or value-added services in order to solve complex customer problems. We seek partnerships with strong leadership teams driving tremendous cultures, and we are much more than a source of capital or liquidity. With 50 years of collective operating experience, our collaboration with management teams is unique. This experience comes from the Partners of North Branch, not a network of executives or consultants.