Palm Beach Capital Fund III, through one of its investment entities, has fully exited its investment in Cadre Holdings, Inc, realising proceeds equal to 9.3 times its invested capital in the process.Â
Palm Beach Capital Fund III (PBC), through one of its investment entities, has fully exited its investment in Cadre Holdings, Inc, realising proceeds equal to 9.3 times its invested capital in the process.
Cadre is a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, federal agencies and outdoor enthusiasts.
PBC completed its initial investment in the company in 2012 when it partnered with Kanders & Co, Inc in a corporate divestiture from BAE Systems PLC. During the term of the partnership, Cadre grew via thirteen acquisitions which allowed the Company to broaden product lines, expand the customer base and build out a global footprint. The Company completed its successful IPO in November of 2021.
