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Stock impact report

Cadre Holdings Completes Acquisition of Alpha Safety [Yahoo! Finance]

Cadre Holdings, Inc. (CDRE) 
Company Research Source: Yahoo! Finance
and distribution of safety equipment, has completed the Company's previously announced acquisition of Alpha Safety Intermediate, LLC, the operating parent of Alpha Safety, a leading nuclear safety solutions company. The purchase price for the acquisition was $106.5 million (excluding working capital and certain other adjustments) and was funded through available cash on the Company's balance sheet and an increase in term debt under its existing credit facility. Houlihan Lokey acted as the exclusive financial advisor to Alpha Safety. About Cadre Headquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety products. Cadre's equipment provides critical protection to allow users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. The Company's core products include body armor, explosive ordnance disposal equipment, and duty gear. Our highly engineered products are uti Show less Read more
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