August 9th, 2023

ScaleCo Capital (“ScaleCo”) is excited to announce that on August 3^rd, 2023, Safety Controls Technology (“SCT”), a ScaleCo Fund IV Company, has acquired Global Safety Group, Inc. (“Global Safety”). Global Safety Group has been renowned for its exceptional consulting services, delivering strategic planning and innovative solutions to clients with a focus on efficiency and results.

Safety Controls Technology has involved the founder of Global Safety, Jason Stearman, to join the organization as the Vice-President of Safety and Environmental Services. With his credentials as a CSP and CSHM, and experience as an entrepreneur, Mr. Stearman brings a wealth of expertise to SCT. ScaleCo Capital is confident that his leadership will drive further growth and success for the organization.

As a result of this acquisition, SCT will open a new office location in Biloxi, Mississippi, led by Mr. Stearman. The Mississippi office will further SCT’s geographical expansion, strengthen its market presence, and positively impact the organizations’ ability to serve clients effectively. ScaleCo is confident the acquisition of Global Safety advantageously benefits SCT’s clients and the safety of their employees.

Jason Stearman, Founder of Global Safety and Vice President of Safety Controls Technology, expressed his excitement about the acquisition; “I am very proud of the work we have done at Global Safety, however with the horsepower and strength of SCT and ScaleCo behind us, the sky is the limit! I am beyond excited to see what the future holds for us as a combined front. ”

Brendan Anderson, Founder and Managing Partner of ScaleCo Capital, states; “The partnership between Safety Controls Technology and Global Safety Group lays an excellent foundation for future acquisition and growth opportunities. We are excited to continue the development of further advancements in both business in the years to come.”

As SCT continues to expand, and strengthen its position in the occupational safety, OSHA, and environmental industries, we are actively seeking add-ons to further scale the platform. ScaleCo is excited to be a part of the future success as we further expand our portfolio of companies.

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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Global Safety Group Inc. has been in business for over 15 years, and is recognized as a proven leader in the Occupational Safety and Health space. Doing business all over the globe, GSG has a broad base of experience in multiple industries, including Oil and Gas production, construction safety, and high-performance coaching. Global Safety also has comprehensive experience in the film industry, empowering clients in the television, motion picture, and commercial production business. Please visit www.globalsafety-usa.com to learn more.

Safety Controls Technology, Inc. (SCT) delivers comprehensive Occupational Safety and Health solutions to organizations nationwide. SCT is a leading provider of occupational health and safety services to over 800 industrial end markets clients.

Founded in 1999, 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/