CHADWICK – ComplianceSigns.com, a maker of safety signs, labels and tags, was acquired by Justrite Safety Group, a platform of industrial safety companies based in Des Plaines.
ComplianceSigns.com was founded in 2004, and has a manufacturing plant in Chadwick that employs about 50. In 2012, the company remodeled and expanded its operations there, building a 9,000-square-foot addition to the plant. The company also has an administrative office in the Meadowlands Business Park in Sterling.
From 2010 to 2017, ComplianceSigns.com was named one of America’s 5,000 fastest-growing private companies by Inc. magazine. The company also owns Special Signs & Symbols Company, an online subsidiary of ComplianceSigns.com.
Justrite, in a brief news release, said the acquisition was made to “strengthen its capabilities in the safety identification product category and to address shifting customer purchasing trends to e-commerce.”
Justrite hasn’t commented on future plans for its newly acquired company, including its location. ComplianceSigns.com President Paul Sandefer said he had no further comment on the sale at this time. Calls to Justrite have not been returned.
ComplianceSigns.com sells its products exclusively through e-commerce channels. Its safety signs and labels are made to comply with state, federal and local regulatory requirements.
Justrite has a group of industrial safety companies in specialties that range from the storage, containment and cleanup of hazardous materials to safety identification, emergency showers, industrial matting and motion safety. Justrite was formed in 1906, and started as an industry leader in the management of flammable liquids and other hazardous materials.
Justrite is a privately held company, owned by Audax Group, a Boston-based private equity firm that once had a controlling interest in Sterling’s Halo Branded Solutions. In 2018, Audax sold its stake in Halo to TPG Growth, a larger investment group.