Sector: Manufacturing / Distribution
Headquarters: Pickering, ON, Canada
SIC Code: 5099
Hazmasters Inc. is a leading value-added supplier of employee health and safety products and complementary services. The Company sells a broad range of high quality products that are used to ensure employee safety throughout various end markets, including, but not limited to, the abatement, restoration, construction and industrial manufacturing industries. The Company's key product categories include protective gear, fall prevention restraints, test & measurement products, respiratory apparatuses, containment & disposal products and air movement & cleaning equipment.
Trivest recapitalized Hazmasters from the Company’s founder who also reinvested in Newco. Trivest became actively involved in setting the strategic direction for the Company, which entailed opening new branch locations and aggressively pursuing add-on acquisitions. Hazmasters and Trivest accomplished their goals by opening three new branches and completing two acquisitions which expanded the Company’s geographic reach and service offering and doubled the Company’s EBITDA. Trivest, the founder and management sold their interests to publicly traded (NYSE: WCC) Wesco International in April 2014.