Mergers & Acquisition

Safway Group Purchases Assets of Swing Staging, Inc. & Related Companies

Share Like Tweet Add Email

Safway Services, LLC

N19 W24200 Riverwood Dr., Waukesha, WI, 53188, USA

Original Press Release

Safway Group Purchases Assets of Swing Staging, Inc. & Related Companies

Press release date: January 16, 2013

Including Twin & Swing Scaffolding, Inc., Specialty Access Systems, LLC, Long Island City Trucking Corporation, and Scaffold King, Inc.

WAUKESHA, Wis., - In a move to enhance its position in the New York metro area and expand its expertise and offerings in motorized access solutions, Safway Group is announcing the acquisition of the assets of Swing Staging, Inc. and related companies - including Twin & Swing Scaffolding, Inc., Specialty Access Systems, LLC, Long Island City Trucking Corporation, and Scaffold King Inc. (collectively 'Swing Staging'). The assets, including equipment, inventory and brand name of Swing Staging have been transferred to Swing Staging, LLC, a new Safway Group business entity.

"By acquiring the leading provider of suspended access solutions in the New York metro area, we will enhance our presence in this critical market," explained Bill Hayes, Safway Group president and CEO. "Swing Staging has built a strong reputation in the area as the 'go-to' provider for a wide range of suspended access solutions. For more than 50 years, they have been known for offering the most extensive, high-quality rental fleet, and delivering the right equipment in pristine condition - whenever and wherever customers need it. Swing Staging is a strong addition to the Safway Group and will help grow our motorized access business."

Swing Staging, Inc. was owned and operated by John Pantanelli, who had taken over the business from his father who founded it. Pantanelli will join Safway as vice president of Sales for Swing Staging, LLC.

"Being a part of a larger company that is a major national player, like the Safway Group, is an opportunity for us to move Swing Staging to the next level of development," said Pantanelli. "We are looking forward to leveraging our operational and management expertise in the suspended access business to a much broader market."

"We are excited about acquiring Swing Staging and having John join the team," concluded Hayes. "This is a natural expansion of Safway's motorized expertise and capabilities."

About Safway Group

With more than 90 locations in the U.S. and Canada and a system of distributors across South America, Safway Group companies deliver efficient, high-performance multiservice solutions - The Smart Way(TM) - by collaborating, communicating and sharing resources. Offering experience and expertise in access, scaffolding, insulation, fireproofing, surface preparation and coatings, Safway Group companies include Redi Insulation; CL Coatings; Industrial Coatings & Fireproofing; Safway Atlantic; Safway Services; and Safway Services Canada. With the largest engineering staff, an exclusive project management system, award-winning safety excellence and a full line of products and services, Safway Group companies design and implement innovative, quality solutions at the lowest installed cost for projects of any size and scope. Safway has been an industry leader since 1936. Safway Group companies serve the petrochemical, oil and gas, power, refining, marine, manufacturing, transportation and commercial construction industries worldwide. For more information, visit www.safway.com.

Contact:
Karla Cuculi
Vice President of Communications
(262) 523-6580
karla.cuculi@safway.com

OR

Jessica Simpson
Public Relations, Swanson Russell
(402) 437-6482
jsimpson@swansonrussell.com

Share Like Tweet Add Email

Comments

comments powered by Disqus