Dubin Clark Announces Sale of United Safety and Survivability Corporation (“USSC”) Marking Second 2024 Monetization

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JACKSONVILLE BEACH, Fla.--(BUSINESS WIRE)--Nov 5, 2024--

Dubin Clark, a private equity firm focused on building niche market leaders in the lower middle market, announced today that it has sold portfolio company United Safety & Survivability Corporation (“USSC” or the “Company”) to Cogenuity Partners.

United Safety & Survivability Corporation designs, engineers and manufactures some of the leading safety and survivability products for niche markets including bus, subway, light rail, transit, military, marine and first responder vehicles. USSC is committed to delivering the most innovative and reliable safety and survivability solutions customers can trust to protect life and property.

The sale follows a successful partnership between Dubin Clark and USSC, during which USSC underwent a notable transformation and achieved significant growth in several key areas. Under the ownership of Dubin Clark, USSC expanded its headquarters and U.S. manufacturing facility, developed R&D capabilities, integrated multiple acquisitions, and realized meaningful organic growth in three product segments: fire suppression, operator safety, and passenger safety.

Michael Hompesch, Partner at Dubin Clark, stated, “Joe Mirabile and the whole USSC management team have built a winning culture and took the Company to new heights. Their efforts and key investments in the business have resulted in a deep portfolio of safety and survivability solutions. We believe the Company is well-positioned for continued growth, and I am excited to follow their continued success.”

About Dubin Clark

Established in 1984, Dubin Clark is a private equity firm with offices in Jacksonville Beach, FL (HQ) and Miami Beach, FL. The Dubin Clark team is led by experienced private equity professionals who bring decades of success in lower middle market investing. Dubin Clark targets lead or control investments in Branded Niche Manufacturing, Residential Home Services, and Event Services companies with at least $5 million in sales. The firm’s mission is to create value by helping companies grow through a coordinated approach that includes providing capital to support internal growth, completing complementary add-on acquisitions to build market position, and helping to develop new strategies for the future while protecting the independence, culture, and values that made the company successful. For additional information, visit http://www.dubinclark.com.

About United Safety & Survivability Corporation (USSC)

United Safety and Survivability Corporation is committed to delivering the most innovative and reliable safety and survivability solutions that our customers can trust to protect life and property. As a global leader in the design and engineering of world-class safety, survivability, and technology solutions across a variety of industries and categories, our portfolio of products includes seating for commercial buses, fire trucks, ambulances, military vehicles, motor coaches, rail cars and locomotives. We design and build specialty soldier survivability systems for military vehicles and our revolutionary fire suppression systems that are used in mining, school buses, public transit, heavy machinery and more. Active Air Purification and AEGIS® Microbial Surface Treatment help to protect the public and operators by eliminating bacteria and viruses from air and surfaces. Further information about United Safety can be found at https://www.usscgroup.com/.

ABOUT COGENUITY

Cogenuity Partners is a San Francisco-based private equity firm that invests in businesses providing critical products, services, and solutions within the advanced industrial economy. The firm focuses on businesses with favorable growth tailwinds for which it can serve as thought and capital partners across high-value manufacturing, infrastructure solutions, critical industrial services, and industrial technology.

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For press inquiries, please contact Mark Chinetti (904-852-8163)

KEYWORD: FLORIDA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SMALL BUSINESS PROFESSIONAL SERVICES FINANCE

SOURCE: Dubin Clark

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PUB: 11/05/2024 08:26 AM/DISC: 11/05/2024 08:26 AM

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