Pure Safety Group (PSG) of Houston, Texas, has acquired Manchester-based Ty-Flot, Inc. According to a statement, Ty-Flot is a global leader in dropped objects prevention products and services and represents the second acquisition in the past two weeks for PSG. The transaction closed June 15.
“We’ve been busy building the type of company we’ve heard customers want,” says PSG CEO Brad Gates. “We’re hand-selecting market leaders, with an intentional focus on U.S.-made products in important categories, asking them to join us to build the world’s premier provider of height safety equipment and services.”
Through the Ty-Flot acquisition, PSG will bring 126 granted or pending patents into PSG’s expansive proprietary portfolio, and add dropped object prevention products (tool tethers, anchors, attachment points and containers) as a new PSG product offering in the PSG premium product line-up.
Ty-Flot will maintain its Manchester facility, which will be considered the Pure Safety Group innovation center for dropped object prevention products. Its engineers and product teams will join the now worldwide PSG innovation group.
The Moreau family founded Ty-Flot in 1995. Reggie Moreau, is now general manager of the dropped objects prevention business, and Darrell and Andre Moreau, are now product directors.
“Customers want all the benefits an independent company provides – like product availability, excellent customer service, and trusted relationships,” said Reggie Moreau. “Yet their businesses demand continuous product innovation and centralized sourcing of a wide breadth of products and services. Pure Safety Group has built a company that brings together the best of independence and scale to benefit customers worldwide.”
PSG was formed in August 2017 by industry veterans with deep safety expertise and through the acquisition of Guardian Fall Protection, Seattle and Web Devices, Houston. In June, the group announced it had added Checkmate Lifting and Safety Ltd., based in the U.K., to the growing PSG family of companies. Checkmate is the leading innovator, designer and manufacturer of lifting and height safety equipment.