Benford Capital Partners has successfully sold Alpha Safety, a leading nuclear safety products and services provider, to Cadre Holdings Inc., enhancing its capacity for future growth.

Information on the Target

Alpha Safety, founded in 1986, is a premier global provider of engineered products and technical services that focus on radiation protection and safety within mission-critical operational environments. The company offers a diverse range of capabilities, including ventilation and containment systems, engineered containers, field services and maintenance, advanced transportation containers, specialty filters, and radiometric instrumentation. Alpha Safety’s longstanding relationships—spanning over 40 years—with key sectors including Environmental Safety, National Security, and Nuclear Energy highlight its reputation as a trusted partner for ensuring the safety of operational personnel and environmental protection.

Throughout Benford Capital Partners’ investment period, in collaboration with CEO Terry Wickland, COO/VP of Finance Mike Cornelius, and EVP of Strategy and Business Development Marc Rood, Alpha Safety achieved significant growth, tripling its revenue in just over two and a half years. BCP’s initiatives encompassed strengthening the executive team, optimizing manufacturing operations, enhancing commercial strategies, and executing two successful add-on acquisitions: Stewart Precision Machining in September 2021 and Pajarito Scientific Corporation in March 2023.

Industry Overview in the Target’s Specific Country

The nuclear safety products and services industry is crucial to ensuring safety in high-risk operational environments, particularly as global energy demands continue to evolve. The United States, housing numerous nuclear power facilities, invests