West Chester Holdings, Inc.

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West Chester Holdings, Inc. - overview

Established

1978

Location

Cincinnati, OH, US

Primary Industry

Consumer Products

About

West Chester Holdings, Inc. is a producer of personal protective equipment (PPE), committed to enhancing the safety and comfort of its users across various industries, including construction and emergency services. Founded in 1978 and headquartered in Cincinnati, US, West Chester Holdings, Inc. specializes in personal protective equipment.


The company was acquired by Protective Industrial Products, Inc. in March 2019, an indication of its strategic growth and market positioning. CEO Tim Fogarty leads the company, which has maintained its focus on safety solutions since its inception. West Chester Holdings has executed one deal to date, with the most recent transaction occurring on February 6, 2019.


West Chester Protective Gear specializes in the production of personal protective equipment (PPE), enhancing safety and comfort for its users. The company's core offerings include gloves, head protection, eye and face protection, and high-visibility apparel, designed to meet the specific safety needs of various industries like construction, manufacturing, and emergency services. These products utilize advanced materials for durability and functionality, catering to a diverse client base that includes contractors and safety professionals across North America, Europe, and Asia. In the most recent financial year, 2017, West Chester Protective Gear reported a revenue of USD 180.


00 mn. The company generates revenue primarily through B2B transactions, supplying PPE products to retailers and direct clients, supported by partnerships with distributors that ensure market reach and consistent supply. Post-acquisition, West Chester Holdings, Inc. aims to expand its product range and geographical reach.


The company is strategizing to launch new PPE products and penetrate additional markets focusing on North America and Europe by 2022. The funding from the acquisition will support these initiatives, strengthening product development and market entry strategies.


Current Investors

Protective Industrial Products, Inc.

Primary Industry

Consumer Products

Sub Industries

Accessories

Website

www.westchestergear.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

West Chester Holdings, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedWest Chester Holdings, Inc.-

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