Merion Portfolio Company Billy Pugh Acquires Stiffy Safe Hand Tools

Billy Pugh Company, a Merion portfolio company, proudly announces the acquisition of the Stiffy Safe Hand Tools product line from Fibertex Supply, effective April 29, 2025. This strategic move brings together two pioneering names in hands-free lifting and safety innovation, expanding Billy Pugh's product portfolio and reinforcing its leadership position in the offshore safety market.

"This is the ideal scenario for me," said Kevin Shaw, Founder and Owner of Stiffy Safe Hand Tools. "I cannot imagine a better home for the business than Billy Pugh. Their history and reputation in the industry are second to none. I have full confidence that the team at Billy Pugh, with their years of experience, will continue to develop and grow the Stiffy Tools brand in the years ahead."

Mike Cadigan, President of Billy Pugh Company, added, "Back in my drilling contractor days, Billy Pugh tag lines and Stiffy hands-free tools were essential to outfitting our rigs and keeping our crews safe during lifting operations. These brands have long been the gold standard for offshore safety. Today, as the leader of Billy Pugh Company, I'm honored to continue that tradition by welcoming Stiffy Tools into our portfolio. This acquisition allows us to expand our commitment to safety and innovation, ensuring that workers have the best tools to perform their jobs safely and efficiently."