First responder equipment supplier Cadre Holdings files $ 144 million IPO application

VSadre Holdings, which provides safety and survival gear to first responders, filed with the SEC on Monday 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 supplies body armor, explosive ordnance disposal equipment, uniforms, optics, boots, firearms and ammunition. Its user base is primarily made up of government and regulatory agencies.

The Jacksonville, Florida-based company was founded in 2012 and reported sales of $ 417 million 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 associated bookkeepers in the transaction. No pricing conditions were disclosed.

The article First responder equipment supplier Cadre Holdings files $ 144 million IPO application originally appeared on the renaissancecapital.com website of IPO investment manager Renaissance Capital.

Disclosure of investments: The information and opinions expressed in this document have been prepared by Renaissance Capital research analysts and do not constitute an offer to buy or sell any securities. Renaissance capital ETF Renaissance IPO (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of the companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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