Protective Industrial Products (PIP) Acquires Primax Manufacturing (Caiman Gloves)

Protective Industrial Products Acquires Boss Glove and Safety Business

December 4, 2019

Manufacturing

Protective Industrial Products, Inc. (PIP), headquartered in Latham, New York, has acquired the assets of the Boss Glove and Safety business from Boss Manufacturing Company of Kewanee, Illinois. PIP will integrate Boss's consumer glove and safety product lines into its West Chester retail division and expects the acquisition to expand its product portfolio and strengthen distribution to dealers, retailers and distributors.

Odyssey Investment Partners Acquires Protective Industrial Products (PIP)

December 15, 2020

Industrial Services

Odyssey Investment Partners has entered into a definitive agreement to acquire Protective Industrial Products, Inc. (PIP), a global supplier of personal protective equipment, from Audax Private Equity. PIP’s management, including CEO Joe Milot, will remain in place and the Milot and Tao families will retain a significant ownership stake as Odyssey pursues organic growth and strategic add-on opportunities for the business.

Protective Industrial Products Acquires Honeywell's Personal Protective Equipment Business

May 22, 2025

Manufacturing

Protective Industrial Products, a portfolio company of Odyssey Investment Partners, has completed the acquisition of Honeywell's Personal Protective Equipment (PPE) business in an all-cash transaction valued at $1.325 billion. The deal adds well-known brands (including Howard Leight, North, Miller, Salisbury and others), expands PIP's product offering and global footprint, and represents a divestiture by Honeywell to simplify its portfolio.

Main Capital Partners Acquires Majority Stake in PRIM'X

June 24, 2025

Cybersecurity

Main Capital Partners has made a majority investment in French encryption and data confidentiality software provider PRIM'X, with PRIM'X management retaining a significant minority stake. The partnership will support PRIM'X's international expansion, product-suite development and buy-and-build strategy to deepen its presence across defense, government and other mission-critical markets.

Mechanix Wear Acquires Chicago Protective Apparel

August 17, 2021

Manufacturing

Mechanix Wear, a Gryphon Investors-backed portfolio company, has acquired Chicago Protective Apparel (CPA), a 108-year-old family-owned manufacturer of personal protective equipment based in Skokie, Illinois. The deal — terms undisclosed — brings CPA's extensive line of arc-flash, foundry, and welding products into Mechanix Wear's portfolio as the prior owners, Scott and Myrna Sherman, retire; key management including VP John Merikoski will remain.

Akoya Capital and Tecum Capital Acquire Primetac Corporation

July 30, 2019

Packaging

Akoya Capital Partners and Tecum Capital Partners acquired Primetac Corporation in partnership with the company's founders and management. The private equity investors plan to grow Primetac — a distributor of industrial packaging materials — by expanding sales coverage, service and product offerings and pursuing add-on acquisitions to build a national platform.