M&A Deal Summary

Cadre Holdings Acquires TYR Tactical

On October 29, 2025, Cadre Holdings acquired defense company TYR Tactical for 175M USD

Acquisition Highlights
  • This is Cadre Holdings’ 2nd transaction in the Defense sector.
  • This is Cadre Holdings’ largest (disclosed) transaction.
  • This is Cadre Holdings’ 3rd transaction in the United States.
  • This is Cadre Holdings’ 1st transaction in Arizona.

M&A Deal Summary

Date 2025-10-29
Target TYR Tactical
Sector Defense
Buyer(s) Cadre Holdings
Deal Type Add-on Acquisition
Deal Value 175M USD

Target

TYR Tactical

Peoria, Arizona, United States
TYR Tactical designs and manufactures tactical equipment and protective gear for military, law enforcement, and first responder organizations. The Company’s product range includes ballistic armor, plate carriers, tactical vests, belts, pouches, and shield systems designed for operational durability and safety. TYR Tactical was founded in 2010 and is headquartered in Peoria, Arizona.

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Buyer(S) 1

Buyer

Cadre Holdings

Jacksonville, Florida, United States

Category Company
Founded 1964
Sector Safety/Security
Employees2,284
Revenue 567M USD (2024)
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. Cadre Holdings was founded in 1964 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 6 of 6
Sector: Defense M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Arizona M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-16 Carr s Group - Engineering Division

Carlisle, United Kingdom

Carr's Group's Engineering Division is comprised of brands including Wälischmiller GmbH, CarrsMSM, Bendalls Engineering, NW Total Engineered Solutions, and NuVision Engineering, Inc. With sites in the United Kingdom, Germany and the United States, the Engineering Division designs, manufactures and services equipment, vessels, precision components and remote handling systems for nuclear end-markets. Carr's Group's Engineering Division is based in Carlisle, United Kingdom.

Buy £75M