&Capital, a private equity firm based in Toronto, has launched SafetyCo Partners, a provider of safety consulting, industrial and construction safety training, site inspection and confined space rescue services.
With an investment and partnership in Safety Design Strategies, a firm focused on safety consulting, inspection, confined space rescue and training to ensure compliance with Ministry of Labour requirements, SafetyCo is focused on rapid growth and plans to announce other investments and partnerships in the near future. SDS brings 26 employees to the SafetyCo team as well as client relationships with Fortune 500 companies, crown corporations and government entities. Through its partnership with SafetyCo, SDS looks to continue to help clients build safety cultures while driving business growth.
“With the increased importance around safety as a core business driver and the corporate focus on environmental, social and governance (ESG) principles, we see a strong opportunity to integrate a historically fragmented industry and make it more inclusive to better serve the client base,” says Mark Ferrier, co-founder and managing partner of &Capital.