About This Deal

Acme United acquired Elite First Aid, Inc., a transaction completed in May 2024, structured as all cash. The deal was a Asset purchase.

Elite First Aid, Inc. operates in First aid & safety, is based in Wake Forest, North Carolina, had revenue of about approximately $4.2 million (2023). On May 23, 2024 Acme United acquired the assets of Elite First Aid, Inc., a Wake Forest, NC supplier of tactical, trauma and emergency response products. Elite First Aid had 2023 revenues of approximately $4.2 million. Terms were not disclosed.

Strengthen Acme's tactical and trauma product offering and drive first aid market-share gains.

Tactical/trauma product specialist that broadens Acme's emergency-response line Feeds first aid market-share gains First aid & safety segment

Deal Terms

Acquirer
Acme United
Target
Elite First Aid, Inc.
Value
Not disclosed
Date
May 2024
Type
Asset purchase
Status
Ready

Transaction Details

Target HQ
Wake Forest, North Carolina
Segment
First aid & safety
Structure
All cash
Target revenue
Approximately $4.2 million (2023)
Announced
May 23, 2024
Closed
May 23, 2024

In Their Words

Sales in the second quarter of 2024 were strong. We had significant market share gains and sales growth in first aid.Walter C. Johnsen, Chairman and CEO, Acme United

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · SEC filing ↗

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