Quartermaster
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Quartermaster - overview
Established
1974
Location
Cerritos, CA, US
Primary Industry
Retail
About
Quartermaster is a provider of uniforms, equipment, and gear tailored for law enforcement, security, and emergency services, focusing on high-performance functionality and compliance with industry standards. Quartermaster specializes in supplying essential gear for law enforcement and emergency services professionals. Founded in 1974 in Cerritos, US, by Leon Betsch, the company has undergone strategic developments in its operations. In January 2012, Galls, which was backed by private equity, acquired Quartermaster for an undisclosed fee.
Stephens Inc. served as the financial advisor, while legal counsel was provided by Honigman Miller Schwartz and Cohn LLP for Quartermaster, and Paul, Weiss, Rifkind, Wharton & Garrison LLP for Galls. Quartermaster offers a comprehensive range of uniforms, tactical apparel, personal protection devices like tasers and stun guns, and various accessories designed to enhance operational efficiency. Their products meet the specific needs of diverse clients, including police departments, security firms, military units, and emergency service providers across major US metropolitan areas such as Miami and Chicago, where there is significant demand for high-quality gear.
Quartermaster generates revenue primarily through direct sales to law enforcement and security agencies, involving both individual and bulk orders. This includes customized solutions tailored to the agencies' needs. The pricing structure reflects the specialized nature of their offerings, ensuring competitive pricing for flagship products like the Mission Made Men's Tactical Pants and personal protection devices. The revenue model supports both one-time purchases and ongoing supply agreements to keep clients equipped.
The acquisition by Galls in 2012 sets the foundation for Quartermaster's future growth strategy, which includes the design and launch of new products aimed at enhancing the operational capabilities of law enforcement and security professionals. The company plans to expand its market reach into new geographical regions, specifically targeting areas with a growing demand for specialized uniforms and equipment. Recent funding will be allocated to support product development and market expansion initiatives, ensuring that Quartermaster can continue to meet the evolving needs of its clientele.
Primary Industry
Retail
Sub Industries
Security Services, Consumer Services, Clothing Stores, Defence
Website
www.qmuniforms.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Quartermaster - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Quartermaster | - | ||||||||
| Buyout | Completed | Quartermaster | - |
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