Audax Private Equity (“Audax”) has partnered with the Milot and Tao families, co-founders of Protective Industrial Products Global Holdings Inc. (“PIP Global”), to re-capitalize the company, a leading global supplier of hand protection products and other consumable personal protective equipment (“PPE”).
PIP Global, headquartered in Latham, NY, is a leading, globally recognized, industrial safety platform providing an unparalleled product portfolio, the largest and most experienced sales force in the Industry, recognized unsurpassed service, and leading-edge marketing programs. The Company offers one of the broadest suites of PPE, including hand and arm, eye, head, hearing, body, and respiratory protection. PIP’s products include such widely recognized brands such as G-tek®, Bouton® Optical, Safety Works®, Ambi-dex®, Assurance®, Falcon®, Kut-Gard®, and Maximum Safety®. PIP Global partners in certain markets with leading innovators such as ATG®, JSP®, Pacific Helmets®, E-Flare®, and Hellberg®.
EC M&A acted as exclusive financial advisor to PIP Global on this transaction.