ATLANTA –

Safe-Guard Products International, an F&I provider in the auto industry, announced recently it has been purchased from H.I.G. Capital by an affiliate of Goldman Sachs, in partnership with management.

“Safe-Guard is excited to partner with Goldman Sachs to continue to grow its business and build upon its market-leading position,” said Randy Barkowitz, chief executive officer. “With our partners, we are well-positioned to drive sales growth, provide service delivery enhancements and introduce new products that deliver exceptional value for our dealers and their customers.”

Doug Duncan, founder and former chairman, said: “Safe-Guard’s vision and core values of providing innovative products and excellent customer service are the foundation to its success. Alongside its latest partner, Goldman Sachs, the company will continue to chart a great future.”

“Safe-Guard has an industry-leading management team and world-class relationships,” said Sumit Rajpal of Goldman Sachs. “We look forward to working with the Company as it continues to provide superior products and services to all of its customers.”