M&A Deal Summary

Cadre Holdings Acquires Cyalume

On May 3, 2022, Cadre Holdings acquired chemicals company Cyalume from CPS Performance Materials

Acquisition Highlights
  • This is Cadre Holdings’ 1st transaction in the Chemicals sector.
  • This is Cadre Holdings’ 1st transaction in the United States.
  • This is Cadre Holdings’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-05-03
Target Cyalume
Sector Chemicals
Buyer(s) Cadre Holdings
Sellers(s) CPS Performance Materials
Deal Type Divestiture

Target

Cyalume

West Springfield, Massachusetts, United States
Cyalume is a designer, developer, and producer of extremely reliable chemical and electronic lights for safety and security applications. Cyalume’s products provide sources of light in emergency situations and for general safety purposes. Cyalume was founded in 1997 and is based in West Springfield, Massachusetts.

Search 200,197 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cadre Holdings

Jacksonville, Florida, United States
Category Company
Founded 1964
Sector Safety/Security
Employees2,435
Revenue 482M USD (2023)
DESCRIPTION

Cadre Holdings manufactures and distributes safety and survivability products for first responders. 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 utilized by domestic and international first responders in state and local law enforcement, fire and rescue, explosive ordnance disposal, emergency medical technicians, as well as numerous federal agencies and foreign government agencies in 104 countries. Cadre Holdings was founded in 1964 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 2 of 4
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-22 Radar

Fucecchio, Italy

Radar is a premier family-owned duty gear business that specializes in the production of high-quality holsters, belts, duty belts, and other accessories. Radar was founded in 1957 and is based in Fucecchio, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-22 ICOR Technology

Ottawa, Ontario, Canada

ICOR Technology is a manufacturer and distributor of explosive ordnance disposal (“EOD”) robots and specialized protective security equipment for EOD and military organizations worldwide, including SWAT and Chemical, Biological, Radiological, Nuclear, and high-yield Explosives (CBRNE) teams. ICOR was founded in 2005 and is based in Ottawa, Ontario.

Buy -

Seller(S) 1

SELLER

CPS Performance Materials

Bound Brook, New Jersey, United States
Category Company
Sector Chemicals
DESCRIPTION

CPS Performance Materials is a diversified specialty chemicals manufacturer of chemical illumination solutions, performance polymers, and fine chemicals and intermediates. CPS Performance Materials is based in Bound Brook, New Jersey.

DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 2
Type (Divestiture) 1 of 2
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-29 GEO Specialty Chemicals

Ambler, Pennsylvania, United States

GEO Specialty Chemicals, Inc. is a specialty chemical manufacturer for the water treatment, construction, electronic materials industries. GEO Specialty Chemicals, Inc. was founded in 1993 and is based in Ambler, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 RG Dispersants

Candiac, Quebec, Canada

RG Dispersants is a producer of specialty dispersants and surface-active products. RG Dispersants is based in Candiac, Canada.

Sell -
Mergr

Product

Company

Legal