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New Deal


Announced

Completed

Odyssey Investment Partners completed the acquisition of Protective Industrial Products from Audax.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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hats

leather drivers

ear plugs

Private

Specialty Retailers

Private Equity

Friendly

masks

Domestic

work gloves

Majority

Single Bidder

United States

Acquisition

Completed

Synopsis

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Odyssey Investment Partners , a private equity firm, completed the acquisition of Protective Industrial Products, a supplier of personal protective equipment, from Audax Private Equity, a private equity firm. Financial terms were not disclosed. "The acquisition of PIP builds on Odyssey's history of investing in the PPE and industrial safety sectors. PIP, over many years, has a proven track record of product innovation and differentiated service to its customers across multiple segments and channels. We are delighted to partner with Joe and the entire PIP team to execute on our shared growth vision in the years to come," Craig Staub, Odyssey Senior Managing Principal.

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