Protective Industrial Products Inc, a portfolio company of Audax Private Equity, has acquired Cincinnati, Ohio-based West Chester Protective Gear, a provider of personal protective equipment. No financial terms were disclosed. Lincoln was financial adviser to West Chester on the deal.
CHICAGO, March 6, 2019 /PRNewswire/ — Lincoln is pleased to announce that West Chester Protective Gear has been sold to Protective Industrial Products, a portfolio company of Audax.
Lincoln acted as the exclusive financial advisor to West Chester Protective Gear (West Chester), working closely with the management team throughout the sale process. Lincoln used its deep expertise in the personal protective equipment industry to drive a highly successful outcome by effectively conveying West Chester’s value drivers and growth opportunities to a motivated group of strategic and financial acquirers.
Founded in 1978 and headquartered in Cincinnati, OH, West Chester is a leading provider of high-performance personal protective equipment and one of the few players of scale serving both the industrial and retail channels. The company offers an extensive line of hand protection products along with a protective apparel line including high visibility clothing, disposable clothing, aprons and sleeves, rainwear and welding apparel. West Chester’s products have critical functional attributes and certifications that are necessary to meet the daily demands of do-it-yourself (DIY) consumers and professionals and today’s modern workforce. For more information, please visit www.westchestergear.com.
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