Warsaw Garage Door Manufacturer Acquired
WARSAW - Warsaw-based garage door manufacturer Safe-Way has been acquired by Brixey & Meyer Capital, a private investment firm in Ohio.
Terms of the deal were not disclosed.
Safe-Way's company website says it originated in Ohio during the 1950s and moved to Warsaw, Indiana in the early 1960s. It currently employs 60 workers at its Indiana facility.
"The team at Safe-Way has done a tremendous job building processes to execute on this strategy,” said David Brixey, chief executive officer of Brixey & Meyer Capital. “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."
It manufactures residential, commercial and industrial overhead garage doors at its plant in Warsaw.
The company has distribution centers in Murfreesboro, TN and Nixa, Mo.
BMC says Safe-Way was acquired from The Ellis Company, an entrepreneurial investment group based in Fort Wayne.