Goldman Sachs Affiliate Acquires Safe-Guard
ATLANTA – An affiliate of Goldman Sachs, in partnership with management, acquired Safe-Guard Products International LLC from H.I.G. Capital. The transaction will position Safe-Guard to continue to capitalize on the substantial growth opportunities across its platform of F&I program solutions.
“Safe-Guard is excited to partner with Goldman Sachs to continue to grow its business and build upon its market-leading position. With our partners, we are well positioned to drive sales growth, provide service delivery enhancements and introduce new products that deliver exceptional value for our dealers and their customers,” said Randy Barkowitz, CEO.
Doug Duncan, founder and former chairman said, “Safe-Guard’s vision and core values of providing innovative products and excellent customer service are the foundation to its success. Alongside its latest partner, Goldman Sachs, the company will continue to chart a great future.”
“Safe-Guard has an industry-leading management team and world-class relationships,” said Sumit Rajpal, Goldman Sachs. “We look forward to working with the company as it continues to provide superior products and services to all of its customers.”
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