Key Terms
bankruptcy auction
regulatory
A bankruptcy auction is a court-supervised sale where a company’s assets are sold to the highest bidder so the proceeds can be used to pay back lenders, suppliers and other claimants. Think of it like an estate sale for a business: what buyers pay determines how much creditors recover and whether any value remains for shareholders, so outcomes can materially affect investors’ potential losses or gains and the broader market for related assets.
direct-to-consumer
technical
A direct-to-consumer (DTC) model is when a company sells its products or services straight to customers, skipping middlemen like retailers or wholesalers. For investors, DTC matters because it can mean higher profit margins, closer customer relationships and faster feedback—like a baker who sells directly from the shop instead of through a grocery chain—while also exposing the business to costs for marketing, customer support and logistics that affect growth and profitability.
regulatory approvals
regulatory
Regulatory approvals are official permissions from government agencies that a company needs before launching a new product, service, or business activity. They matter because without this approval, the company might not be allowed to operate legally or sell its products, similar to how a driver needs a license to legally drive a car.
03/26/2026 – 10:24 AM
JACKSONVILLE, Fla.–(BUSINESS WIRE)–
Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, today announced that it has agreed to acquire Alien Gear Holsters and certain assets from Tedder Industries, LLC, for $10.3 million through a court-supervised bankruptcy auction.
Cadre President Brad Williams commented, “This transaction represents a compelling opportunity to acquire a recognized holster brand with an established direct-to-consumer presence. Alien Gear brings an experienced team with a customer-first mindset, and we are excited about the attractive business synergies and growth opportunities ahead. As always, the Cadre operating model will guide our execution, driving continuous improvement across our businesses and reinforcing our market leadership over the long term.”
Launched in 2014, Alien Gear Holsters is a leading manufacturer of proprietary holsters and gear for the consumer, law enforcement, military, and security markets. Alien Gear’s innovation-driven approach has elevated consumer holster standards and enhanced safety, performance and comfort for everyday firearm carry worldwide.
Subject to bankruptcy court and regulatory approvals and other customary closing conditions, the transaction is expected to close in the second quarter of 2026.
About Cadre
Headquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety products. 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, duty gear and nuclear safety products. 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 Statements
Please note that in this press release we may use words such as “appears,” “anticipates,” “believes,” “plans,” “expects,” “intends,” “future,” and similar expressions which constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve a number of risks and uncertainties. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of the Company to differ materially from those expressed or implied by forward-looking statements in this release, include, but are not limited to, those risks and uncertainties more fully described from time to time in the Company’s public reports filed with the Securities and Exchange Commission, including under the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K, and/or Quarterly Reports on Form 10-Q, as well as in the Company’s Current Reports on Form 8-K. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release and speak only as of the date hereof. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260326903484/en/
Gray Hudkins
Cadre Holdings, Inc.
203 550 7148
gray.hudkins@cadre-holdings.com
Investor Relations:
The IGB Group
Leon Berman / Matt Berkowitz
212 477 8438 / 212 227 7098
lberman@igbir.com / mberkowitz@igbir.com
Media Contact:
Jonathan Keehner / Andrew Siegel
Joele Frank, Wilkinson Brimmer Katcher
212 355 4449
Source: Cadre Holdings, Inc.
