ScaleCo Management LLC Partners with Safety Controls Technology
February 28th, 2023
ScaleCo Management LLC is pleased to announce its partnership with Safety Controls Technology (“SCT”). SCT marks ScaleCo’s 23rd platform investment, and fourth investment from ScaleCo’s committed Fund IV.
Headquartered in Middleburg Heights, OH, SCT was founded in 1999 by Gail Grueser. Over a nearly 25-year history, Ms. Grueser along with her husband, Joe Ventura have grown SCT into a strong industry leader focused on providing comprehensive workplace safety & occupational health solutions to both public and private sectors.
The partnership with SCT aligns with ScaleCo’s thesis of investing in technology-enabled and scalable business service companies drivable from Cleveland, Ohio. ScaleCo Founder and Managing Partner, Brendan Anderson comments, “ScaleCo looks forward to working with Joe, Gail, and the entire SCT team to continue the success of the organization. This partnership further proves the ScaleCo model of investing in transformable companies drivable from Cleveland. We are enthusiastic about the future of SCT”.
Cleveland native Joseph Ventura, Chief Executive Officer of SCT explains, “When Gail and I started looking for partners last year we wanted, more than anything else, to find partners that reflected the values we have personally and in our business. Brendan and the team at ScaleCo share our values and as a Cleveland based company are committed to investing and growing Cleveland companies. To us that is extremely important”.
The company will continue to be led by Mr. Ventura as CEO. ScaleCo Partner, Donnie Bedney will be joining the team at SCT as President. Mr. Bedney joined ScaleCo as an Operating Partner in 2020, and has led ScaleCo Fund IV Partner Company, PSP Metrics (“PSP”) since December 2020. Mr. Bedney adds, “Joining an industry-leading organization like SCT is an exciting opportunity. The team has a rare combination of industry experts and true practitioners. I’m thrilled to add my operational and strategic expertise to help us serve our clients and accelerate the growth and impact of the business.”
About Safety Controls Technology
Safety Controls Technology, Inc. (SCT) delivers comprehensive Occupational Safety and Health solutions to organizations nationwide. SCT leading provider of occupational health and safety services to over 800 industrial end markets clients.
Founded in 1999 by Gail Grueser, and based in Cleveland, OH, SCT provides clients with reliable and responsible services that will reduce costs and create efficiencies while enhancing environmental, occupational, and engineering quality. SCT’s in-house team of professionals boasts more than 100 years of safety experience, providing clients with an unparalleled level of expertise. For more information, please visit www.safetycontrolstech.com/
ScaleCo is a microcap private equity firm that acquires controlling interests in small, high gross margin companies and infuses capital, operational expertise and strategic guidance in order to scale their growth potential. For over 25 years, ScaleCo has managed four committed funds and invested more than $165M in 22+ platform companies. ScaleCo is currently investing out of its committed capital fund (ScaleCo Fund IV). To learn more, visit scaleco.com.
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