D.A. Davidson & Co. announced today that it served as financial advisor to Pacific Shoring, a leading manufacturer of trench safety equipment, on its sale to Palm Peak Capital.
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 ~280 dealer locations across North America, Australia, and Europe to large, high quality equipment rental companies.
Pacific Shoring was a portfolio company of Salt Creek Capital, a San Francisco Bay Area-based private equity firm, and Huron Capital, a lower middle-market private equity firm founded in Detroit.
About D.A. Davidson
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Greater Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 states.
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services.