Generational Equity, a leading mergers and acquisitions
advisor for privately-held, middle-market businesses, is
pleased to announce the acquisition of its client, Safety
Source, Inc., based in Theodore, Alabama, by Ritz
Safety, LLC, with corporate offices in Dayton, Ohio and
with sales and distribution centers in Florida, Indiana,
Nevada, and Texas. The acquisition was effective July 1,
2015.

Established in 1995, Safety Source, Inc. is a best-in-class
industrial safety equipment and supply distributor who
have distinguished themselves as Safety Specialists based upon their in-depth
knowledge of occupational hazards, proper equipment, uses and applications needed to
protect their customers’ workforce. They are a full service center for safety equipment
sales, rentals, repairs, training, and technical information. To learn more, visit
www.safetysourceinc.com.

Managing Director Don Sawyer and his team, including affiliate Sam Sumner and Vice
President Rebecca Gruman, led the Generational Equity deal team that advised Safety
Source, Inc. on the transaction. Sam Sumner stated, “Chemistry was a very important
issue for the Safety Source, Inc. shareholders, and the chemistry in this transaction
produced an outstanding combination.”

Since 1983, Ritz Safety, LLC, has provided safety solutions and serviced the safety and
personal protective equipment (PPE) needs of businesses and industries of all types,
including construction, waste and recycling, manufacturing, agriculture, hospitality, and
emergency services. Ritz Safety, LLC is recognized as a leader in safety products, and
training innovation, with six sales and distribution centers that service over 5,000
customers monthly, and stock over 25,000 safety products.