Odyssey Investment Partners to Acquire Protective Industrial Products Inc.
Odyssey Investment Partners (“Odyssey”) announced today a definitive agreement to acquire Protective Industrial Products Inc. (“PIP®” or “the Company”), a leading global supplier of personal protective equipment (“PPE”) and industrial safety products, from Audax Private Equity. Financial terms of the transaction were not disclosed.
PIP®, founded in 1984, offers a broad suite of the most recognized PPE products and brands across numerous segments, including hand & arm protection, protective clothing, head protection, eye & hearing protection, and other safety protection. Headquartered in Latham, N.Y., PIP® has a diversified channel presence across distributors, retailers, and e-commerce platforms; the largest and most knowledgeable sales force in the industry; and an end-to-end logistics platform with unparalleled scale.