Safe-Way Aquired By Ohio-Based Investment Firm
WARSAW — Safe-Way, a Warsaw-based garage door manufacturer, was recently acquired by Brixey & Meyer Capital, a private investment firm in Cincinnati, Ohio.
The acquisition was finalized effective Dec. 31, 2019, said Safe-Way representative Rick Mylin.
Founded in 1950, Safe-Way is a leading manufacturer and distributor of residential, commercial and industrial overhead garage doors. Safe-Way serves customers across the country from its manufacturing facility in Warsaw and its distribution centers in Murfreesboro, Tenn. and Nixa, Mo., said a news release from Brixey & Meyer.
“What we love about Safe-Way is their core value proposition of providing high quality, American-made garage doors to their dealers with lead times as short as a week,” said David Brixey, CEO of Brixey & Meyer Capital, “The team at Safe-Way has done a tremendous job building processes to execute on this strategy. We are excited to further invest in the company to provide resources to continue this high level of service to their existing customers as well as to new dealers across the country.”
Safe-Way was acquired from The Ellis Company, an entrepreneurial investment group based on Fort Wayne. Mylin said there won’t be any organizational changes following the sale. Sonny Nemitz will continue to lead the Company’s 60 employees at its Warsaw plant, said the news release.