Cadre Holdings Acquires TYR Tactical in $170 Million Deal

Cadre Holdings Acquires Cyalume Technologies

May 3, 2022

Industrial Services

Cadre Holdings, Inc. entered into a definitive agreement to acquire Cyalume Technologies, a manufacturer of proprietary chemical illumination solutions for military, first responder, and commercial applications. The deal was completed for a $35.0 million purchase price, with Cyalume’s management team expected to remain with the business.

Yieldstreet Acquires Real-Estate Investment Platform Cadre

November 30, 2023

Financial Services

Yieldstreet has entered a definitive agreement to acquire Cadre, a tech-driven commercial real-estate investment platform that serves institutional and high-net-worth investors. The acquisition brings Cadre's institutional client relationships, real-estate product capabilities and investment team into Yieldstreet to expand asset-class offerings and accelerate institutional distribution.

Cadre Holdings Acquires ICOR Technology

December 22, 2023

Industrial Services

Cadre Holdings, Inc. entered into a definitive agreement to acquire ICOR Technology Inc., a manufacturer and distributor of explosive ordnance disposal (EOD) robots and specialized protective security equipment for EOD and military organizations worldwide. The transaction was later reported as completed, with the purchase price funded through Cadre’s available cash.

Cadre Holdings Acquires Alpha Safety for $106.5 Million

March 4, 2024

Industrial Services

Cadre Holdings, Inc. (NYSE: CDRE) entered into a definitive agreement to acquire Alpha Safety Intermediate, LLC, the operating parent of Alpha Safety, for $106.5 million (excluding working capital and certain adjustments). The deal closed on March 1, 2024 and was funded with available cash and incremental term debt under Cadre’s credit facility.

Cadre Holdings Completes Acquisition of Carr's Engineering Division

April 22, 2025

Manufacturing

Cadre Holdings, Inc. completed the acquisition of Carr's Engineering Limited (excluding Chirton Engineering) and Carr's Engineering (US), Inc.—the Engineering Division of Carr's Group plc—for an enterprise value of £75 million. The deal was funded with incremental term debt and is intended to expand Cadre's nuclear safety product offerings and international footprint.

Palm Beach Capital Exits Investment in Cadre Holdings

November 21, 2022

Manufacturing

Palm Beach Capital announced it has fully exited its investment in Cadre Holdings, Inc., realizing proceeds equal to 9.3x its invested capital. Cadre, headquartered in Jacksonville, Florida, is a global manufacturer and distributor of safety and survivability equipment for first responders and federal agencies; the exit follows Cadre's IPO in November 2021 and a period of growth driven by thirteen acquisitions.