Menu
ncarol.com
  • Home
  • Business
  • Health
  • Books
  • Non-profit
  • Real Estate
  • Transportation
  • Financial
  • Arts
ncarol.com

Falfurrias Capital Partners' SixAxis manufacturing to expand safety and access product solutions with the acquisition of Upside Innovations
ncarol.com/10119819

Trending...
  • Helping Haircare Brands Launch with Confidence: Bond & Bloom Innovation Group Leads in Product Development
  • Georgia's Lanier Islands Resort Announces Return of Magical Nights of Lights
  • Mullins McLeod Surges Into SC Governor's Race with $1.4 Million Raised in First Quarter; Most from His Own Commitment, Not Political Pockets
CHARLOTTE, N.C., June 2, 2021 /PRNewswire/ -- Charlotte-based private equity firm Falfurrias Capital Partners today announced it has facilitated the add-on acquisition of Upside Innovations by its portfolio company SixAxis LLC, which is headquartered in Andrews, South Carolina. Terms were not disclosed.

Based in the Cincinnati suburb of West Chester, Ohio, Upside Innovations designs, manufactures and installs modular, customized aluminum stairs, ramps and canopies. The company's product line is a perfect complement for SixAxis, the leading manufacturer of safety and fall protection equipment, loading racks and other industrial solutions that was purchased by Falfurrias in 2017.

"Upside Innovations does for accessibility what SixAxis does for workplace safety, so the businesses are extremely compatible," said SixAxis CEO Rob Honeycutt, who says his firm of 300+ employees had been looking for its first acquisition for some time. "Both companies share a similar DNA, an entrepreneurial spirit and a customer-centric philosophy. We both rely upon advanced modular design and manufacturing capabilities to produce sound, highly engineered solutions in a fraction of the time a true custom fabrication would require, which is a significant competitive advantage in the market."

Upside Innovations founder Kevin Sharp will remain as president, reporting to Honeycutt, and the company's 65-person headquarters and manufacturing facility will remain in West Chester. No workforce reductions are anticipated as a result of the merger; in fact, the principals anticipate considerable growth potential from the new partnership.

More on ncarol.com
  • Meet the Dentist Bringing Advanced, Compassionate Care to the Kernersville Community
  • Airbus Defence and Space and Omnitronics Sign MoU to Advance Interoperability in Critical Communications
  • Belligerent Lifestyle Apparel Skate Team Set to Compete at the 31st Annual Tampa Am
  • White Glove Restoration Sends "Help in Boxes" to Support Communities in Ghana
  • NASA Agreements, New Ocean Exploration Applications Added to Partnerships with Defiant Space Corp and Emtel Energy USA for Solar Tech Leader: $ASTI

"We are excited to be joining a company where we can benefit from their advanced capabilities in product design, materials sourcing, sales and marketing, human resources and other resources that will help us grow," said Sharp, a mechanical engineer who was inspired to start the company by the accessibility challenges facing his polio-surviving grandfather. "This partnership promises tremendous growth opportunities for our company and our people."

The deal is consistent with Falfurrias' "Industry First" investment approach of identifying categories with significant growth potential, then making strategic acquisitions that yield enhanced intellectual and operational efficiencies for greater financial performance.

"We see tremendous synergies between these two companies," said Falfurrias Partner Chip Johnson. "They employ many of the same design and manufacturing principles but target different yet complementary customers. And Upside's location in Ohio will be advantageous in terms of access to materials, shipping and human capital. This partnership makes us better positioned to capitalize on the multibillion-dollar market for highly engineered safety and accessibility solutions."

About SixAxis LLC
SixAxis was founded by Fred Harmon and Rob Honeycutt in 2002 to deliver high-quality loading rack and fall protection solutions to companies around the world. The company has developed a portfolio of 13 diverse brands including SafeRack, ErectaStep, RollaStep, PerfectaStep, AeroStep and MarinaStep, all created to engineer and manufacture advanced products that increase safety and boost productivity. Additionally, SixAxis software solutions are engineered to simplify technology and propel industry leaders worldwide. For more information about how SixAxis is changing the world of manufacturing with a diverse array of innovative products and solutions that are made to give your business a competitive edge, visit www.sixaxisllc.com.

More on ncarol.com
  • Chic and Secure: The Blue Luna Debuts Stylish Keychains with Purpose
  • BEC Technologies Showcases Leadership in Private Broadband Ecosystem with Inclusion in UTC's Ecosystem Summary Report
  • $500,000 in Stock Dividend for Shareholders in 2025 Sweetens The Pot on Success of Becoming Debt Free with No Convertible Notes or Warrants for $IQST
  • Aissist.io Launches Hybrid AI Workforce to Solve AI Pilot Failure for Customer Support Automation
  • Milwaukee Job Corps Center: Essential Workforce Training—Admissions Now Open

About Upside Innovations
Upside Innovations was founded in 2009 by Kevin Sharp, a mechanical engineer who grew up watching his grandfather, a World War II and polio survivor, struggle to gain access to everyday places. That experience was the inspiration used to find better solutions for designing and building ADA-compliant ramp and step systems. Since the beginning, Upside's focus has been to fill a gap in the market by providing a high quality, attractive ramp system, while providing world-class service to the industry. For more information about the company, visit www.upsideinnovations.com.

About Falfurrias Capital Partners
Falfurrias Capital Partners is a Charlotte-based private equity investment firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan. The firm has raised approximately $1 billion across four funds and invests in growing, middle-market businesses in sectors where the firm's operational resources, relationships and sector expertise can be employed to complement portfolio company executive teams in support of growth objectives. Falfurrias Capital Partners employs a proprietary, research-based process called "Industry First" to identify markets with durable growth trends, construct a thesis based on research findings, and partner with management teams to create strategic value. For more information, visit www.falfurriascapital.com.

SOURCE Falfurrias Capital Partners
Filed Under: Business

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on ncarol.com
  • Probate Shepherd® Announces a New Member Probate Attorney in Fort Worth, TX
  • Phinge Announces "Test the Waters" Campaign for Potential Regulation A+ Offering: Home of Netverse Verified AI & Patented App-less Technology Platform
  • RJ Grimshaw Launches "The AI EDGE" A Practical Guide Where Leadership Meets Innovation
  • Probate Shepherd® Announces a New Member Probate Attorney in Sugar Land, TX
  • Live Good Leads with Love: Creating Opportunity, Protecting the Vulnerable and Inspiring Hope
  • Probate Shepherd® Announces a New Member Probate Attorney in The Woodlands, TX
  • Probate Shepherd® Announces a New Member Probate Attorney in Conroe, TX
  • Beatrice Thompson to Be Inducted into the Order of the Trojan
  • Taraji P. Henson's Boris Lawrence Henson Foundation (BLHF) Announce 5th Annual Can We Talk? Arts & Wellness Summit and "i AM The Table Benefit Brunch
  • Mullins McLeod Surges Into SC Governor's Race with $1.4 Million Raised in First Quarter; Most from His Own Commitment, Not Political Pockets
  • Mensa Members Put Brainpower to Work for Literacy
  • Rep. Gina H. Curry and Dr. Conan Tu Inspire at Kopp Foundation for Diabetes Hybrid Fundraising Gala and National Leadership Forum
  • Elliott Expands Investment Services with Naviark App Launch
  • SubSoilMulching.com Launches to Raise Awareness About the Most Eco-Friendly Form of Land Clearing
  • Restoration Dental Introduces YOMI Robot for High-Precision Implant Surgery in Oklahoma
  • Elite Rooter Creates Jobs and Expands Reach Coast to Coast with New Tampa, FL Plumbing Location
  • "Super Leftist", the new poetry book by Pierre Gervois
  • Innovative Marketplace Nosedrip.com Launches for Global Surf Community
  • RNHA FL Unveils Bold New Leadership Ahead of 2026 Elections
  • Smith Cotton Co. Launches Digital Fashion Magazine on October 18
_catLbl0 _catLbl1

Popular on ncarol.com

  • New Analysis Reveals the Complex Forces Driving the 'Great Human Reshuffle' - 774
  • Smarter Systems: ANCO Leverages Waukesha Cherry-Burrell Votator SSHE Technology - 103
  • Security Alert: TZNXG Warns Investors About "Fund Recovery" Scams
  • Open Art Call | The Art of Artificial Intelligence | Copenhagen
  • KatalisCoin: "Too Secure" for Bad Actors - Platform Embraces "Excessive Compliance" Criticism
  • One Park Financial Earns Great Place to Work® Certification for the Eighth Time
  • NEW power supply release from Kepco Dynatronix - HSP Advanced
  • Assent Unveils Extended Producer Responsibility Packaging Solution to Simplify Compliance with Expanding Packaging Laws
  • NIUFO Positions Platform for European Market Entry with MiCA-Aligned Infrastructure Development
  • Gemma's Hope Launches Hope Hour Gala to Raise Funds for Families Facing Pregnancy & Infant Loss

Similar on ncarol.com

  • $73.6M Pipeline, $10M Crypto Play & Legal Firepower: Why Investors Are Watching Cycurion (N A S D A Q: CYCU) Like a Hawk
  • New Article Reveals Common Pricing Pitfalls in Flooring Projects — And How to Avoid Them
  • NASA Agreements, New Ocean Exploration Applications Added to Partnerships with Defiant Space Corp and Emtel Energy USA for Solar Tech Leader: $ASTI
  • Chic and Secure: The Blue Luna Debuts Stylish Keychains with Purpose
  • $500,000 in Stock Dividend for Shareholders in 2025 Sweetens The Pot on Success of Becoming Debt Free with No Convertible Notes or Warrants for $IQST
  • Aissist.io Launches Hybrid AI Workforce to Solve AI Pilot Failure for Customer Support Automation
  • RJ Grimshaw Launches "The AI EDGE" A Practical Guide Where Leadership Meets Innovation
  • Beatrice Thompson to Be Inducted into the Order of the Trojan
  • Mullins McLeod Surges Into SC Governor's Race with $1.4 Million Raised in First Quarter; Most from His Own Commitment, Not Political Pockets
  • WADA AWARDS - where Diamonds melt into glamour
Copyright © 2025 ncarol.com | Contact Us | Privacy Policy | Terms of Service | Contribute