On January 4, 2023, The Riverside Company, a private equity firm specializing in the middle market, has completed the sale of its investment in SureWerx, a North American leader in personal protective equipment and safety gear, to Partners Group, a Swiss-based investment manager. The transaction was advised by Houlihan Lokey, BMO, Jones Day, and Alvarez & Marsal.

Riverside initially acquired SureWerx in November 2018. During its ownership, Riverside expanded SureWerx's sales infrastructure, developed a leading digital platform, and broadened its product categories to enhance the company's market position and value proposition. This included integrating eight add-ons that expanded the company’s range of safety products and extended its reach across various end-markets such as industrial MRO, infrastructure, utilities, and logistics.

Chris Baby, CEO of SureWerx, acknowledged Riverside's pivotal role in the company's growth and market leadership, highlighting their guidance in expanding product offerings and enhancing e-commerce strategies and end-user engagement.

The sale of SureWerx marks another successful exit for Riverside, reflecting its expertise in growing businesses within the Specialty Manufacturing and Distribution Sector. Since 1988, Riverside has invested in over 270 specialty manufacturing and value-added distribution companies globally.