Total Safety U.S. Inc., a Houston, Texas-based portfolio company of DLJ Merchant Banking Partners, has acquired ICU Environmental, Health & Safety, a provider of environmental, health and safety services to public and private sector clients. No financial terms were disclosed.
Total Safety, the global leader of integrated safety services and solutions, announces it has acquired ICU Environmental, Health & Safety, which provides a full range of environmental, health and safety services to public and private sector clients.
“We are very pleased to announce this most recent acquisition and to have the employees of ICU join Total Safety,” said David E. Fanta, Chief Executive Officer of Total Safety. “By adding this experienced team and strategic offering to our suite of services, we can provide our valued clients an even more comprehensive safety solution.”
ICU offers a variety of EHS services including industrial hygiene, safety inspections and audits, process safety management services, regulatory compliance, HSE training programs, asbestos consulting services, indoor air quality consulting, environmental due diligence assessments, environmental air permitting consulting, risk assessment and strategic environmental management advisory services. Founded in 1993, ICU is a multi-disciplinary organization dedicated to providing relevant, accurate and cost-effective business solutions to clients in both domestic and international facilities, and possesses the resources necessary to respond to all types of EHS project requirements. The Company has offices located in The Woodlands, Texas; Beaumont, Texas; and Washington, DC.
Kathy Harkey and Janet Wiiki, ICU’s co-founders, stated, “This is a very exciting time for our employees and clients. The synergy between our two companies will allow for market growth and employment opportunities, a true winning combination. The ICU team looks forward to partnering with such a dynamic team and contributing to the overall continued success of Total Safety.”
Specific financial terms of the acquisition were not disclosed.
About Total Safety
Total Safety, a DLJ Merchant Banking Partners portfolio company, based in Houston, Texas, is the world’s leading global provider of integrated safety strategies and the products necessary to support them: on-site safety services, turnaround safety support, gas detection, respiratory services, rescue services, safety training, fire services and engineered system design. Total operates from more than 60 locations in 9 countries to ensure the safe Wellbeing of Workers Worldwide (W3). www.totalsafety.com.
About DLJ Merchant Banking Partners
DLJ Merchant Banking Partners (DLJMB) is a leading private equity investor that has a 25 year record of investing in leveraged buyouts and related transactions across a broad range of industries. DLJMB, with offices in New York, London, Los Angeles and Detroit, is part of Credit Suisse’s Alternative Investments business (“AI”), one of the largest alternative asset managers in the world with more than $176 billion of assets under management.
About Credit Suisse AG
Credit Suisse AG is one of the world’s leading financial services providers and is part of the Credit Suisse group of companies (referred to here as ‘Credit Suisse’). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 47,400 people. The registered shares (CSGN) of Credit Suisse’s parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.