Safe Fleet Announces John R. Knox Appointment As President & CEO

BELTON, Mo., March 10, 2014 /PRNewswire/ -- Safe Fleet, the leading provider of safety solutions for fleet vehicles, is pleased to announce that its Board of Directors has appointed John R. Knox as President and Chief Executive Officer and member of the Board of Directors effective immediately.

John was previously Chairman, President and CEO of ADCO Global and served as Chairman of Royal Adhesives and Sealants after its acquisition of ADCO Global in 2013 – a global supplier of adhesives and coatings.  Prior to ADCO, John was President and COO of Sovereign Specialty Chemicals and President of Valspar Europe.

"I am honored to join Safe Fleet at this exciting time in its development," said John R. Knox.  "I look forward to working with our employees, customers and suppliers to continue to deliver industry leading products and growth.  Our plan is to significantly expand our product offering to our customers through strategic acquisitions as well as internal development."

"Sterling is delighted to welcome John R. Knox as CEO.  John brings with him a significant amount of experience building best in industry, high growth companies.  His prior work integrating companies and accelerating growth through organic initiatives and strategic acquisitions will benefit Safe fleet customers, employees and shareholders," said Gary Rosenthal, Partner at The Sterling Group and Chairman of the Board.

The Sterling Group formed Safe Fleet in September 2013 through the acquisitions and subsequent combination of ROM Corporation and Specialty Manufacturing, Inc.  Safe Fleet completed its first add on acquisition, FoamPro, in December 2013.

About Safe Fleet
Headquartered in Belton, Missouri, Safe Fleet is the leading provider of safety solutions for fleet vehicles. Safe Fleet manufactures products that enhance the safety and productivity of fleet vehicles, including emergency vehicles, refrigerated trucks and trailers, utility vehicles, and school and transit buses. Safe Fleet is a market leader in the majority of its end markets, helping its customers improve the safety and efficiency of their fleets, their operators, passengers and pedestrians. The Safe Fleet family of brands includes ROM, Bustin, Prime Design, FRC, Specialty Manufacturing (SMI), SpecFlor, Pretoria, Transpec and FoamPro.  For More information visit www.Safefleetsolutions.com.

About The Sterling Group
Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies.  Typical enterprise values of these companies range from $100 million to $500 million.  Sterling has sponsored the buyout of 43 platform companies and numerous add-on acquisitions for a total transaction value of over $10.0 billion.  Currently, Sterling has almost $1.0 billion of committed capital under management through three funds.  Current portfolio companies include CST Industries, Universal Fiber Systems, Express, B&G Crane, Saxco International, Liqui-Box, Dexter Axle and Safe Fleet.

SOURCE Safe Fleet

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