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Adds Leading Supplier of Chemical Illumination Solutions to U.S. and NATO Military ForcesTransaction is Expected to be Immediately Accretive and Advances Strategic Focus on Mission-Critical Products with High Margins, Strong Cash Flows and Recurring Demand Characteristics JACKSONVILLE, Fla.--(BUSINESS WIRE)--Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, today announced it has entered into a definitive agreement to acquire Cyalume Technologies, a leading manufacturer of proprietary chemical illumination solutions for military, first responder and other commercial applications. Cyalume’s current management team will remain with the business.Headquartered in West Springfield, Massachusetts, with roots tracing back to the origins of chemical illumination over 60 years ago, Cyalume is a world leader in chemical light solutions, providing light sticks, chemi-luminescent ammunition and infra-red devices to the U.S. and NATO military forces, among other commercial and law enforcement markets. As the leading supplier of chemical light products to the U.S. Department of Defense, NATO and Allied Nations, Cyalume is entrenched in combat and recurring military training applications and offers unique technological and engineering capabilities. The business is expected to generate approximately $25 million in pro forma revenues for the calendar year ending December 31, 2022.Warren B. Kanders, Chairman and CEO of Cadre, said, “We are pleased to enter into an agreement for our second accretive acquisition since going public less than six months ago. I have followed Cyalume for over two decades and have always been impressed by its deep competency delivering a portfolio of diverse, proprietary illumination products to military and law enforcement end markets, which perfectly aligns with our life-saving mission, as well as our focus on acquiring high margin companies with leading market positions and strong recurring revenues and cash flows. We look forward to seeking to expand Cyalume’s product penetration across new military and commercial markets.”The purchase price for the acquisition is $35.0 million, subject to customary adjustments for net working capital, transaction expenses and indebtedness. The transaction is anticipated to close in May 2022, subject to the satisfaction of customary closing conditions, and is expected to be funded through available cash on the Company’s balance sheet and a draw on its existing credit facilities.About CadreHeadquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety and survivability products for first responders. Cadre's equipment provides critical protection to allow users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. The Company's core products include body armor, explosive ordnance disposal equipment, and duty gear. Our highly engineered products are utilized in over 100 countries by federal, state and local law enforcement, fire and rescue professionals, explosive ordnance disposal teams, and emergency medical technicians. Our key brands include Safariland® and Med-Eng®, amongst others.Forward-Looking StatementsExcept for historical information, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include but
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Demo Compare Similar Cadence Warehouse Management System (WMS) from Cadre Technologies integrates warehouse operations with logistics and fulfillment. It is intended for medium to large-sized enterprises in the logistics (3PL and 4PL), distribution and manufacturing markets.Cadence combines order management, transportation management, activity billing, and warehouse management into one product. It can manage businesses with multiple clients, distributors, suppliers, and warehouses. Delivering critical information to staff and management in real-time using wireless, handheld computers, and desktop devices.The software’s functionality includes receiving, directed putaway, different types of picking methods, shipping, kitting, cycle counting, labor reporting, and activity billing (3PL). Yard Management, advanced box building, dock door scheduling, customer portal, and alerts can also be added. The order management tools include EDI, call center orders, and integration with eCommerce sites and shopping carts (Shopify, Amazon, Magento, etc.).Cadence WMS can be installed onsite or hosted via the cloud. While the software will run on standard desktops, mobile hardware installation is necessary for shop floor operation. The platform also integrates with 3rd party finance and ERP systems. Software features Barcoding/Serial Tracking Billing Cross Docking Inventory Management Kitting Order Management Part Tracking Picking & Packing Product Rotation/Shelf Life Purchasing Real-Time Data Receiving & Putaway Reporting & Analytics Returns/Recalls Shipping Management Staging Third Party Plugins Warehouse Map Wireless Warehouse Workforce/load Management Download more information Quick spec Product details Platform Cloud Installed Business Sector 3PL Manufacturing Retail Wholesale Product Type Perishable Nonperishable Customer Size Medium Enterprise Your comparison Download more information Cadence WMS Download your extended software profile for Cadence WMS. Get more information about features and pricing. Download Work for Cadre Technologies? Update the Cadence WMS profile with your latest feature, screenshots and pricing to reach more buyers. Click the link below to get started. Update this profile Related articles Your complete WMS features and requirements guide How to gather requirements for a new WMS, and features to look for to meet them Mission-critical features of food lot traceability software What features of food traceability software will help you during a food recall Here's your complete WMS modules and features checklist All the features and modules you might need in your WMS - perfect for requirements gathering Cadence WMS Pricing Guide Cadence WMS Download your pricing guide by completing the form below. Your pricing guide is ready to download. Please click here if your download does not start automatically. Cadence WMS Complete the form below to access
