Carr's Hill Partners Acquires SMART Safety Gulf Coast from PALA Group

NEW ORLEANS, LA / ACCESSWIRE / June 12, 2024 / Carr's Hill Capital Partners Management, LP ("Carr's Hill Partners" or "CHP"), a New Orleans-based private equity firm, has announced the acquisition of SMART Safety Gulf Coast ("SMART Safety"), a leading provider of turnkey life safety and compliance management services, from PALA Group ("PALA").

Since 2011, SMART Safety has helped employers across the Gulf Coast and the greater United States develop and implement safety programs that aim to reduce incidents, maintain regulatory compliance, lower costs, and improve competitiveness. The company provides services such as Safety Program Management, Site Safety Staffing, and Health & Safety Training through a dedicated team and a proprietary SMARTWorld Safety Intelligence Platform.

Acknowledging the market leadership and growth potential of SMART Safety, H. David de Laureal, Managing Partner of CHP, expressed excitement over the acquisition, highlighting its alignment with CHP's investment philosophy. Blake Beach, CEO of SMART Safety, also conveyed enthusiasm about the new chapter with Carr's Hill Partners.

The acquisition is expected to enhance SMART Safety's capabilities and market presence, ensuring continued focus on workplace safety.