Safway Services, LLC Acquires Waco Scaffolding

Safway Services, LLC, an Odyssey Investment Partners, LLC portfolio company, has acquired the assets of Waco International Corporation through a 363 bankruptcy process.

EdgePoint Capital acted as Waco International Corporation’s Debtor in Possession advisor in the sale process.  EdgePoint identified and contacted buyers and conducted the auction.

Founded in 1945, Waco manufactures, rents, sells, and erects scaffolding and shoring equipment.  Waco is a premier brand in scaffolding and shoring equipment, and the Company markets its products directly and through a national network of distributors. The company is based in Cleveland, Ohio.

Safway Services, LLC is a leading provider of scaffolding and access solutions in North America.  The Company provides a full range of scaffolding equipment, access solutions, and associated labor and engineering services.  The Company was founded in 1936, and is headquartered in Waukesha, Wisconsin.

Odyssey Investment Partners LLC is a private equity firm managing over $2.0 billion in capital that specializes in leveraged acquisitions in middle-market companies.  Odyssey is based in New York, New York.

EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.