Gryphon Investors Acquires Safety Management Group

NMS Capital Recapitalizes Safety Management Group

January 12, 2021

Environmental Services

NMS Capital has partnered with Safety Management Group (SMG) in a recapitalization, making a substantial capital commitment while SMG's principal shareholders and management remain significant owners. SMG, headquartered in Indianapolis, is a nationwide provider of Environment, Health and Safety (EHS) services and operates a proprietary SaaS platform (VERO); the investment is intended to support platform growth and continued expansion across regulated end-markets.

Safety Management Group (NMS Capital) Acquires Trinity Safety Group

April 17, 2023

Industrial Services

Safety Management Group (SMG), a portfolio company of NMS Capital, has acquired Trinity Safety Group, a provider of on-site safety services, strategy and training based in Indianapolis, Indiana. The add-on expands SMG's safety services capabilities and client base across end markets including insurance, municipalities and manufacturing; financial terms were not disclosed.

Jensen Hughes Acquires Safety Management Services, Inc.

December 9, 2025

Engineering Services

Jensen Hughes, a Gryphon Investors-backed global engineering and consulting firm, has acquired Safety Management Services, Inc. (SMS), an energetic materials and process safety engineering and testing firm headquartered in West Jordan, Utah. The deal expands Jensen Hughes' capabilities in process safety, energetic materials testing and related risk-management services and will be integrated into its broader global platform.

Safety Controls Technology Acquires Global Safety Group, Inc.

August 9, 2023

Professional Services

Safety Controls Technology (a ScaleCo Fund IV portfolio company) acquired Global Safety Group, Inc. on August 3, 2023. The deal brings Global Safety founder Jason Stearman into SCT as Vice President of Safety and Environmental Services and establishes a new SCT office in Biloxi, Mississippi to expand the platform's geographic footprint and EHS capabilities.

Sigma7 Acquires Risk & Strategic Management, Corp.

June 20, 2022

Professional Services

Sigma7 has acquired Virginia-based Risk & Strategic Management, Corp. (RSM), a provider of risk consulting, business continuity and accredited security-focused training delivered via e-learning and an 87-acre immersive training facility. RSM founder Dr. Mike Blyth will remain CEO and all employees will stay in place; terms were not disclosed. The deal expands Sigma7's platform capabilities in training, crisis management and global risk services.

Brentwood Associates Makes Significant Investment in Service Management Group (SMG)

October 27, 2021

Cloud & SaaS

Brentwood Associates has made a significant growth-oriented investment in Service Management Group (SMG) to accelerate product innovation, expand the company's market presence, and support its software-with-a-service (SwaS) model. As part of the transaction SMG appointed Davin Cushman as CEO and founder Andy Fromm transitioned to a passive investor role.