Safway Services, Inc. (a division of ThyssenKrupp Serv AG) decided to spin off its concrete forming subsidiary, Safway Formworks Systems.  Safway Services retained Grace Matthews to sell Safway Formworks in a competitive bidding process.  Grace Matthews identified a number of interested buyers and, in spite of a soft construction economy, negotiated an attractive purchase price and terms in the sale of Safway Formworks to Safway Formwork Systems Corporation.