News

Woodside, CA – January 13, 2025 – Salt Creek Capital (“Salt Creek”) is pleased to announce the sale of Pacific Shoring Products, LLC (“Pacific Shoring” or the “Company”), a leading manufacturer of trench safety equipment, to Palm Peak Capital (“Palm Peak”).

 

Founded in 2005 and headquartered in Santa Rosa, California, Pacific Shoring is a leader in a regulatory-driven niche, manufacturing trench safety products used by contractors to protect their workforce when working in trenches for infrastructure projects including water utility pipes, telecom fiber, gas & electric, and other underground building or maintenance jobs. Pacific Shoring’s products are sold at approximately 280 dealer locations across North America, Australia, and Europe to large, high quality equipment rental companies.

 

“Since partnering with Pacific Shoring CEO Bruce Russell and Huron Capital to acquire Pacific Shoring five years ago, we are proud of the accomplishments achieved during our ownership,” said Dan Phelps, Managing Partner at Salt Creek. “Notably, the Company completed the acquisitions of Xterra and EZE Shore to expand product lines into steel and composite shoring equipment. We also expanded the management team and improved operating efficiency with plant automation investments and new ERP system implementation.”

 

“We are grateful to have had the opportunity to work closely with Bruce and the Salt Creek team to build Pacific Shoring into a leader within its industry through a series of accretive add-ons coupled with strategic growth initiatives” said Brian Demkowicz, Chairman & Founding Partner of Huron Capital. “Under Bruce’s leadership, we believe the business is very well positioned for continued growth and success.”

“We're incredibly grateful for the partnership and support provided by Salt Creek Capital and Huron Capital over the past years, which has enabled us to achieve significant growth and an expanded market presence,” said Bruce Russell, CEO of Pacific Shoring. “We now serve North America from our two production plants and North Carolina distribution facility, as well as Europe and Australia. My team and I are excited to partner with Palm Peak as we further expand our market reach and continue delivering innovative solutions for trench safety.”

 

D.A. Davidson acted as financial advisor and UB Greensfelder served as legal advisor to the Company on the transaction.  

 

 

Pacific Shoring was founded in 2005 and is one of the leading manufacturers of trench shoring equipment in the United States. Pacific Shoring designs, builds and tests all its products at its two manufacturing plants in Santa Rosa, California and Pearland, Texas. Pacific Shoring is dedicated to producing quality shoring and shield products, rigorously tested to the highest standards. Pacific Shoring’s in-house design team, with vast experience in the underground shoring industry, produces the ideal custom assembly solutions for its customers. For more information, please visit www.PacificShoring.com.

 

 

Salt Creek Capital is a San Francisco Bay Area-based private equity firm that partners with experienced operating executives to acquire profitable companies with up to $150 million in revenue. Salt Creek Capital takes a long-term approach to investing in lower middle market businesses and seeks to create value by working closely with management teams to accelerate growth and improve operating efficiencies. For more information, please visit www.SaltCreekCap.com.

 

 

Palm Peak Capital, LLC is a private equity firm that invests in lower-middle market industrials and services companies across North America. Palm Peak targets control buyouts of fundamentally sound businesses with tangible opportunities for operational improvement. The Firm seeks to provide integrated, comprehensive support for portfolio company teams across four key components of its operational value creation playbook (its “Peak Performance System”) – people, process, product, and profit – to ultimately achieve "Peak Performance." For more information, please visit www.PalmPeakCapital.com.

 

 

D.A. Davidson’s Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology. For more information, please visit DADavidson.com.

 

Please contact Tyler Romrell (Tyler@SaltCreekCap.com) for additional information about this transaction.