FacebookYoutubeLinkedIn
Live data feed: 6am 23rd May 2024         Total Business Sales: $523.9 million         ROI On Capital Invested: 28.00%         EBITDA To Owner: $159.4 million         Recent Deals: E- Commerce On-line Resume Writing - Strategic acquisition by Trade Player     |     Solar Lighting Solutions - Strategic acquisition by Trade Player     |     Professional and Technical Services - Strategic acquisition by Trade Player

Corporate Brokers News: Safety Height Inspection & Fall Protection Sold To Trade Player

Garry Stephensen

Article Author: Garry Stephensen
Position: Managing Director
Read time: 4 mins

Share Article:

Sector: Service (Safety) – Height Inspection & Fall Protection Services

Lloyds Corporate Brokers has completed the sale of a Victorian-based provider and installer of Safety equipment throughout Australia. 

A solution-based height safety business, Safety Plus Australia, is one of the few accredited with the ISO 9001-2015 Quality Management and AS/NZS 4801-2001 OH&S Safety Management systems, giving it a unique advantage in the market. Safety Plus Australia strives to provide the highest quality products that meet all relevant Australian Standards and codes of practice, facilitating high-quality solutions and installing all forms of height safety to the highest standard in a safe and compliant manner.

Corporate Brokers News: Safety Plus Australia sold to Trade Group

With an installation team of experienced and qualified technical consultants that has over 20 years of experience, Safety Plus Australia gained a stellar reputation in the industry, resulting in long-lasting and loyal relationships with clients and industry partners. 

Lloyds Corporate Brokers initiated the sales process with a Business Appraisal and preparation of an Information Memorandum and Marketing Teaser. Lloyds then facilitated introductory meetings between the client and potential buyers and was involved in all aspects of the sale process, including deal structuring and negotiation of sales terms. This unique business attracted over 30 qualified enquiries.

The sale was conducted by Lloyds Victorian Corporate Partner Alexander Spencer, who worked closely with the owners to achieve an outcome that exceeded the owner's initial expectations by approximately 50%. 

 The business offered various unique features to its new owner including but not limited to the below:

  • Industry-leading accreditations: Commitment to excellence and safety through industry-leading accreditations in ISO 9001-2015 Quality Management and AS/NZS 4801-2001 OH&S Safety Management systems. 
  • Steady year-on-year growth of revenue: Able to adapt and thrive in changing market conditions with progressive revenue growth. 
  • Worked in the Height Safety Industry since 2004: Extensive experience and knowledge in the Height Safety Industry 
  • Experienced and qualified staff: Efficient operation with a team who knows their roles and has a long-term commitment to the company. 
  • Ability to serve clients anywhere in Australia: Broad geographical reach, expanding its market across the country.

"We are very happy and relieved with the outcome of the business sale.  It has certainly been exhausting and a huge learning curve for us, but clearly worth it all in the end.  Thanks for all your guidance and support". - Director Safety Plus Australia

Corporate Brokers News: Safety Plus Australia sold to Trade Group          Corporate Brokers News: Safety Plus Australia sold to Trade Group

View our track record of business sales.

If you own a business in the Safety Equipment sector, talk with Lloyds Brokers on 1300 366 943 for advice on how to buy or sell your business. We have teams of brokers in Melbourne, Brisbane Brokers, Adelaide Brokers and Sydney Brokers.

Business Broker - Garry Stephensen

Garry
Managing Director
Business Broker - Karen Dado

Karen
Director NSW
Business Broker - Geoffrey Tulett

Geoffrey
Lloyds Corporate Partner - Mergers & Acquisition Specialist
Business Broker - Edward Alder

Edward
Director Victoria
Business Broker - Kevin L Sutherland

Kevin
Director International Business Sales
Business Broker - Dianne Reynolds

Dianne
Research Director and Corporate Broker

As seen in the Financial Review and the Courier Mail.

Get In Touch

Email

 



 
Lloyds Corporate Brokers is a Corporate Authorised Representative under AP Lloyds Pty Ltd.
Australian Financial Services License 526061
Recent Press Releases:

Copyright 2018 © Lloyds Business Brokers 2008