CI Capital Partners Acquires Galls

CI Capital Partners has acquired Galls, a $163 million revenue, full-service marketer and distributor of public safety, first responder and private security products, from ARAMARK Corporation. PNC Business Credit provided financing for the transaction.

PRESS RELEASE
CI Capital Partners, a North American private investment firm, announced that it has acquired Galls, LLC, a $163 million revenue, full-service marketer and distributor of public safety, first responder and private security products, from ARAMARK Corporation. PNC Business Credit provided financing for the transaction.

Founded in 1967, the Lexington, KY-based Galls markets and sells uniforms, duty gear, footwear, medical supplies and other products used by law enforcement, fire safety, emergency medical, private security and corrections personnel. The company has built its reputation by providing customers with the industry’s broadest offering of well-recognized products, fast delivery and a high level of customer service including the ability to customize uniforms to meet demanding specifications. Galls markets and sells products to a diverse mix of end-users ranging from individual police officers and firefighters, to the nation’s largest public safety agencies. Galls markets its products through an internationally recognized catalog, a fully integrated e-commerce platform, highly trained inside and outside sales forces, and nine retail service center locations.

“Galls has distinguished itself in its product niche and has built a loyal customer base through its commitment to quality and a strong customer service focus,” said Steven M. Lefkowitz, president of CI Capital. “We are excited to make this investment in an excellent platform with a long and successful history. We look forward to partnering with Larry Dismukes and his seasoned management team to capitalize on opportunities for strategic growth initiatives.”

“The company’s highly recognizable brand and leading industry presence uniquely positions it for further growth by expanding into new markets and reaching out to new customers,” added Thomas Ritchie, managing director at CI Capital. “The public safety products distribution sector remains highly fragmented, and we look forward to supporting Galls as an active industry consolidator.”

Stephens Inc. acted as financial advisor to ARAMARK. Morgan, Lewis & Bockius LLP provided legal counsel to ARAMARK and Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal counsel to CI Capital.