DETROIT--()--Huron Capital Partners (“Huron Capital”), a leading middle market private equity firm, is pleased to announce the sale of Pacific Shoring (“Pacific Shoring” or the “Company”), a leading manufacturer of trench safety equipment, to Palm Peak Capital (“Palm Peak”).

Huron Capital partnered with Salt Creek Capital and CEO Bruce Russell to invest in the business in 2019. Over the past five years, the scale and profitability of the Company grew significantly through strategic add-ons Xterra Trench Shields in Houston, Texas, and EZE Shore, based in the United Kingdom; as well as product line extensions and investments in new systems and automation.

“We are grateful to have had the opportunity to work closely with Bruce and the Salt Creek team to build Pacific Shoring into a leader within its industry through a series of accretive add-ons and a series of strategic growth initiatives,” said Brian Demkowicz, Chairman and Founding Partner of Huron Capital. “Under Bruce’s leadership, we believe the business is very well positioned for continued growth and success.”

Founded in 2005 and headquartered in Santa Rosa, California, Pacific Shoring is a leader in a regulatory-driven niche, manufacturing trench safety products used by contractors to protect their workforce when working in trenches for infrastructure projects including water utility pipes, telecom fiber, gas & electric, and other underground building or maintenance jobs. Pacific Shoring’s products are sold at approximately 280 dealer locations across North America, Australia, and Europe to large, high quality equipment rental companies.

“We're incredibly grateful for the partnership and support provided by Salt Creek Capital and Huron Capital over the past years, which has enabled us to achieve significant growth and an expanded market presence," said Bruce Russell, CEO of Pacific Shoring. "We now serve North America from our two production plants and North Carolina distribution facility, as well as Europe and Australia. My team and I are excited to partner with Palm Peak as we further expand our market reach and continue delivering innovative solutions for trench safety."

D.A. Davidson acted as financial advisor to the Company and Honigman LLP served as legal advisor to Huron Capital.

About Huron Capital

Huron Capital is a leading lower middle-market private equity firm focused on partnering with outstanding management teams to build leading service companies. We bring a people-first and thematic approach to investing in mission-critical companies in the infrastructure, facility and residential sectors where we have a long history of success, proven playbooks and extensive resources. We seek to make control investments in leading service businesses with $20 million to $200 million in revenue.

With our operational resources, we empower our management partners to drive significant growth through initiatives such as professionalizing operations, improving service offerings, executing M&A strategies, and accessing new markets. We pride ourselves on an unwavering commitment to candor, trust, accountability, and transparency in our relationships with management teams, investors, advisors, and employees.

Founded in Detroit in 1999, over the past 25 years we have acquired more than 290 companies through seven investment funds, managing over $2 billion in capital on behalf of a global institutional investor base. Through our proprietary ExecFactor® program, we utilize a proactive, thesis-driven investment process to identify the best potential management teams and investment opportunities in our core sectors. For more information, please visit www.huroncapital.com.

About Pacific Shoring

Pacific Shoring was founded in 2005 and is one of the leading manufacturers of trench shoring equipment in the United States. Pacific Shoring designs, builds and tests all products at its two manufacturing plants in Santa Rosa, California and Pearland, Texas. Pacific Shoring is dedicated to producing quality shoring and shield products, rigorously tested to the highest standards. Pacific Shoring’s in-house design team, with vast experience in the underground shoring industry, produces the ideal custom assembly solutions for its customers. For more information, please visit www.PacificShoring.com.