Atlanta, GA, February 13, 2013 – Safe-Guard Products International, LLC, today announced that Kaizer Siraj has joined the company as chief information officer, and David Pryor has taken the position of chief marketing officer.

“The addition of Kaizer and David to the Safe-Guard management team represents the beginning of the next phase of the Safe-Guard story. Already the industry leader in customer service, we can now leverage that strength to build our marketing and IT capabilities that will continue to drive growth and excellent service for our partners,” said Randy Barkowitz, CEO of Safe-Guard Products. “Our investment in industry-leading talent is just one more way that Safe-Guard sets itself apart in the F&I industry and allows us to maintain our unrivaled position in the market. The automotive purchase experience has been transformed by the digital revolution, and manufacturers are increasingly focused on customer experience as a differentiator. Safe-Guard is now even better positioned to capitalize on this changing environment.”

Siraj is responsible for overseeing Safe-Guard’s portfolio of technology platforms and the continued development of technology-based product solutions. He brings more than 15 years of leadership experience in information technology, including global implementation, product launches, mobile technology, critical system management, quality assurance, security and application development within the wireless, retail and warranty/insurance industries.

“I am excited to lead Safe-Guard’s expanding investment in technology solutions for our partners. Our industry has often lagged consumer expectations, which have recently been transformed by the capabilities of emerging digital and mobile platforms. I see a tremendous opportunity to bring my 15 years of experience in the telecom and retail industries to Safe-Guard and our clients,” said Siraj. “Many of our partners are making significant investments in technology to drive an exceptional customer experience. Our goal at Safe-Guard is to ensure we have the capabilities to be fully integrated in this journey and a thought leader in the F&I space.”

Pryor will lead Safe-Guard’s marketing relationships with the company’s agent, national retailer and OEM partners. Pryor brings more than 15 years of automotive OEM experience to Safe-Guard. Most recently, he was brand vice president for Jaguar North America, and prior to that, he was the chief marketing officer at Porsche Cars North America. He has served in a variety of roles in the automotive industry including marketing, product development, finance, aftersales and customer relationship management.

“Safe-Guard has an incredibly compelling story that is waiting to be told. As a marketer I couldn’t ask for a better opportunity: A respected brand, great customer service and a strong management team with an overwhelming desire to deliver innovative products and services,” said Pryor. “I look forward to drawing on my 15 years of automotive experience as we continue to lead the industry in delivering solutions to the changing F&I landscape.”

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Atlanta, GA, December 21, 2012 – Safe-Guard Products International, LLC, a leading provider of finance and insurance (“F&I”) products to the automotive industry, announced today that an affiliate of Goldman Sachs, in partnership with management, has acquired the company from H.I.G. Capital. The transaction will position Safe-Guard to continue to capitalize on the substantial growth opportunities across its platform of F&I program solutions.

“Safe-Guard is excited to partner with Goldman Sachs to continue to grow its business and build upon its market-leading position. 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,” Chief Executive Officer Randy Barkowitz said.

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.”

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About Safe-Guard Products International, LLC

Founded in 1992 and based in Atlanta, Safe-Guard is a leading provider of F&I program solutions to the automotive aftermarket industry as well as the RV, marine and motorcycle/powersports segments. The company develops, markets and administers the highest-quality F&I programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading training. Safe-Guard is a proud partner to more than half the country’s top 500 dealers, the most successful general agents and the largest dealer groups. The company also boasts more private label OEM programs than all other providers combined.

About Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc., is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. For more information on Goldman Sachs, please visit www.gs.com.

 

Contact: Andrea Raphael, Goldman Sachs, (212) 357-0025, [email protected]