Sterling Investment Partners ("Sterling") today announced that it has acquired PROtect, LLC ("PROtect," or the "Company"). PROtect management and employees will retain significant equity interests in the Company.
Based in Wichita, KS, PROtect is a prominent provider of safety, reliability, and compliance services, dedicated to helping customers mitigate operational risk. PROtect was founded with the mission of reducing unnecessary risks, such as employee injury, property damage, liability, unplanned downtime, and regulatory non-compliance across all end markets. The Company is led by Founder and CEO Nathan VanderGriend and has built its foundation on decades of practical expertise, evolving to meet the growing and changing needs of essential industries, including chemicals, food & beverage, midstream energy, pharmaceutical, power generation, refining, and renewables. Since inception in 2007, PROtect has expanded its footprint, acquired numerous companies and fostered a workforce of over 550 team members nationwide. The Company offers a comprehensive range of services designed to ensure people, equipment, communities, and the environment are safe, equipment is reliable and compliant, and regulatory compliance is achieved. PROtect is known for its proprietary software programs that address specific industry issues, such as managing data, due dates, and corrective actions. These systems are developed by industry professionals for industry professionals, which accordingly provides high quality, customer-centric, and differentiated service delivery.
"We are thrilled to partner with PROtect," commented Michael Barr, Senior Partner at Sterling. "Safety, reliability and compliance services are non-discretionary, critical requirements for PROtect's customers. Since inception, PROtect has demonstrated its capabilities as an enterprise-level risk management partner with a strong culture, differentiated service delivery model and substantial opportunities ahead to create further value for all stakeholders, including customers and employees." Joe Gault, Partner at Sterling, added, "We share a common vision for the future and are excited to partner with Nathan and team in building this dynamic company. We appreciate PROtect's deep commitment to their employees and the value they bring to clients and communities they serve."
"We are excited for the new partnership with Sterling," commented Nathan VanderGriend, Founder and CEO at PROtect. "Having a partner by our side who has a storied track record of success in supporting and enabling the sustainability and growth of service companies like PROtect is a strategic advantage for our company. From the first time I met the Sterling team, it was clear that there was a mutual and cultural fit. We are confident the new partnership will be positive for our customers, team members, and shareholders."
