Cadre Holdings, which provides safety and survivability equipment for first responders, filed on Monday with the SEC to raise up to $144 million in an initial public offering.
Cadre Holdings manufactures and distributes equipment that provides protection to users in hazardous or life-threatening situations. The company provides body armor, explosive ordinance disposal equipment, uniforms, optics, boots, firearms, and ammunition. Its user base is primarily made up of government and regulatory bodies.
The Jacksonville, FL-based company was founded in 2012 and booked $417 million in sales for the 12 months ended March 31, 2021. It plans to list on the NYSE under the symbol CDRE. Stifel, Raymond James, Truist Securities, and Stephens Inc. are the joint bookrunners on the deal. No pricing terms were disclosed.
