Safe-Guard announces new investment

Safe-Guard Products announced an investment from Hellman & Friedman , a private equity firm. Founded in 1992 and based in Georgia, Safe-Guard Products is a provider of third-party private label finance and insurance protection products for the automotive, RV, marine, and powersports industries.

Stone Point Capital, a longstanding investor in Safe-Guard, will continue to partner with the company and participate on Safe-Guard’s board. Safe-Guard’s management team will also remain.

In connection with the transaction, Randy Barkowitz is assuming a board-level leadership role as full-time Executive Chairman, while David Pryor is continuing in his role as President and assuming the responsibility of CEO of Safe-Guard. “We are thrilled to welcome Hellman & Friedman as our new majority investor. Safe-Guard’s commitment to excellence remains steadfast. With Hellman & Friedman’s backing and Stone Point’s continued support, we are positioned to deliver even more innovative solutions, superior service and unmatched value to our partners and their customers.” – Randy Barkowitz, Executive Chairman at Safe-Guard.

“Safe-Guard is a differentiated provider of private label protection products, offering value to dealers, strategic partners and consumers. The business has built an impressive reputation for its high-quality products and service, and we are excited to partner with the talented management team and provide additional firepower to support the company’s strategic priorities. We see several significant growth opportunities and look forward to working together to realize the immense potential ahead.” – Hunter Philbrick, Partner at Hellman & Friedman.