Palm Beach Capital Exits Investment in Cadre Holdings

Cadre Holdings Acquires TYR Tactical

February 3, 2026

Aerospace & Defense

Cadre Holdings, Inc. (NYSE: CDRE) has completed its acquisition of TYR Tactical, a global manufacturer of tactical gear for military, law enforcement, and government agencies. The deal consideration included $120 million in cash, $24 million in Cadre common stock, $1 million in RSUs for certain TYR employees, and up to $25 million in earn-out consideration, and Cadre separately acquired certain real property from a TYR affiliate for $30 million.

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.

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 Alpha Safety

March 4, 2024

Industrial Services

Cadre Holdings, Inc. (NYSE: CDRE) has acquired Alpha Safety Intermediate, LLC, the operating parent of Alpha Safety, for $106.5 million (excluding working capital and certain adjustments). The acquisition, which closed March 1, 2024, expands Cadre's safety equipment platform into the nuclear safety market and was funded with available cash and additional term debt under Cadre's credit facility. Benford Capital Partners was the selling private equity sponsor.

Palm Peak Capital Acquires Pacific Shoring Products

January 13, 2025

Manufacturing

Palm Peak Capital completed its first platform investment with the acquisition of Pacific Shoring Products, a Santa Rosa, California-based manufacturer of trench safety and shoring equipment. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction; sellers named in announcements include Salt Creek Capital and Huron Capital.

Cadre Holdings Acquires Cyalume Technologies

May 3, 2022

Aerospace & Defense

Cadre Holdings, Inc. (NYSE: CDRE) completed the acquisition of Cyalume Technologies, a leading manufacturer of chemical illumination solutions, for $35.0 million. The deal is expected to be immediately accretive, leaves Cyalume's management in place, and was funded using Cadre's cash and a draw on its existing credit facility.