PureSafety sells safety training, risk management, and performance tracking software for heavy equipment companies. On February 28, 2014, PureSafety was acquired by Underwriters Laboratories. The terms of the transaction were not disclosed.
Latest PureSafety News
May 4, 2021
Franklin-based PureSafety, acquired by Underwriters laboratories LLC about two years ago, has remained in growth mode. Post to Facebook Franklin-based PureSafety, acquired by Underwriters Laboratories, continues to grow Franklin-based PureSafety, acquired by Underwriters laboratories LLC about two years ago, has remained in growth mode. Check out this story on Tennessean.com: https://www.tennessean.com/story/money/2014/03/01/franklin-based-puresafety-acquired-by-underwriters-laboratories-continues-to-grow/5913675/ CancelSend Posted! Join the Conversation Comments Welcome to our new and improved comments, which are for subscribers only. This is a test to see whether we can improve the experience for you. You do not need a Facebook profile to participate. You will need to register before adding a comment. Typed comments will be lost if you are not logged in. Please be polite. It's OK to disagree with someone's ideas, but personal attacks, insults, threats, hate speech, advocating violence and other violations can result in a ban. If you see comments in violation of our community guidelines , please report them. Franklin-based PureSafety, acquired by Underwriters Laboratories, continues to grow The Tennessean; Published 11:00 p.m. CT Feb. 28, 2014 | Updated 11:11 p.m. CT Feb. 28, 2014 Bill Grana is president of UL Workplace Health and Safety. After years of corporate “courtship,” Underwriters Laboratories LLC , the international safety testing and certification giant, acquired Franklin-based PureSafety about two years ago. “My wife and I dated for half as long took as it took for this acquisition to go through,” said Bill Grana, president of UL Workplace Health and Safety, in an interview this week. While major corporate acquisitions sometimes result in the shuttering of local operations, the former PureSafety has remained in growth mode. Even more important, it is projecting more growth in 2014, Grana said. The company recently relocated to a larger 45,000-square-foot facility in Cool Springs, and it expects to add about two dozen employees this year, pushing local employment to around 275. The company also has seen financial growth in each of the past five years, Grana said, although he declined to release specific revenue. In its last public disclosure of revenue, PureSafety reported revenue of $26.4 million in 2010 to Inc.for the publication’s annual listing of high-growth companies. Since 2010, the company has achieved profit growth of 125 percent, Grana said. The legacy of UL extends to the 19th century, when it was established to accommodate skepticism, risks and fear associated with the invention of electricity. “(Both companies) were born for reasons other than profit motives,” Grana said. “It really was to keep people safe, and to keep property from being destroyed.” PureSafety was born out of tragedy. More than 15 years ago, a Nashville man was crushed to death on a job while working on a front loader at a local manufacturing company. That incident eventually led to the development of PureSafety, which emerged as a way to help train front-line workers on safety issues. UL’s purchase of PureSafety contributed to the “safe working environment” component of the global giant’s mission statement. The division’s current offerings include computer software for tracking employee electronic medical records, as well as a variety of incident reporting systems. The training and testing software programs are specialized for risks on a variety of jobs. In some cases, workplace incidents that are reported using UL’s system are then translated into “real life” lessons used for the training programs, Grana said. Grana said UL Workplace Health and Safety is looking at expanding into global markets and has one team member stationed in Singapore. He said he expects the company to experience substantial growth in the next year through deals with U.S. multinational companies. “We are on the cusp of global expansion,” Grana said. “Working with domestically based organizations that have operations overseas, and that want to standardize their occupational health and safety systems, is opening a lot of doors for our brand awareness.” Krystal Nichols is with the Seigenthaler News Service-TSU. Reach her at email@example.com .
PureSafety Frequently Asked Questions (FAQ)
When was PureSafety founded?
PureSafety was founded in 1999.
Where is PureSafety's headquarters?
PureSafety's headquarters is located at 1321 Murfreesboro Pike, Nashville.
What is PureSafety's latest funding round?
PureSafety's latest funding round is Acquired.
Who are the investors of PureSafety?
Investors of PureSafety include UL Solutions.