Cadre Holdings acquires Cyalume Technologies for $35M cash, closes May 4

Cadre Holdings, Inc.

Purchase price of $35M in cash for Cyalume, CT SAS, and Cyalume SAS.
Target designs/manufactures chemical illumination products (light sticks, IR, training ammo).
Acquisition closed on May 4, 2022, one day after signing the Stock Purchase Agreement.
Price subject to customary working capital adjustments post-closing.
Deal funded with cash; Safariland obtained representation & warranty insurance.

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