Paratech, Inc. has been acquired by an Employee Stock Ownership Plan, enabling employee ownership and fostering long-term growth in the emergency services industry.

Information on the Target

Paratech, Inc. is a well-established company based in Frankfort, IL, known for its innovative approach in developing high-quality tools for rescue operations. With over 60 years of experience, Paratech has successfully integrated cutting-edge technology into its designs, ensuring user-friendly solutions that enhance the safety and efficiency of technical rescue operations.

The company specializes in providing a range of products, including advanced collapse support systems and robust forcible entry tools, which are essential for first responders and rescue professionals in critical situations. Paratech's dedication to quality and innovation has positioned it as a trusted name in the emergency services industry.

Industry Overview in the Target’s Specific Country

The United States’ emergency services industry has experienced consistent growth, driven by increasing demand for advanced rescue tools and trai