Brown Gibbons Lang & Co. has announced the sale of the FireKing Office & Consumer Products Division of FK Safety and Security LLC to Champlain Capital Partners.
BGL's Industrials team served as the exclusive financial adviser to FireKing OCP in the transaction. The specific terms of the transaction were not disclosed. FK Safety and Security is a portfolio company of Pfingsten Partners and has retained the assets of FireKing's Security Products and Services divisions. FireKing OCP is a designer and manufacturer of fireproof, impact-resistant, and secure document and data storage systems.
Gary Weisman, President of FireKing OCP, said, "BGL did an exceptional job understanding our business and identifying a strong partner in Champlain Capital to support the future growth of our business and brand," said Fire King OCP President Gary Weisman in a statement.
BGL Head of Industrials Andrew K. Petryk added: "FireKing's OCP Division enjoys a leadership position in a very unique market, and we expect the company to accelerate its growth trajectory."