Guardian Capital Partners has made an investment in Tactical Medical Solutions, a developer and manufacturer of products and kitted solutions used in emergency trauma care including in the military, law enforcement, and other first responder markets.
Tactical Medical Solutions (TacMed) has more than 2,000 products (primarily emergency medical kits and tourniquets) and sells to seven of the top ten police departments, including the NYPD and LAPD, as well as major fire and EMS agencies. The company also sells its products for use in civilian applications and provides products to the city of Dallas, NFL stadiums, Marriott hotels, churches, and public and private schools across the country. TacMed’s tourniquets are approved for use by the Department of Defense and is the tourniquet of choice for the American Red Cross.
TacMed was founded in 2003 by CEO Ross Johnson who served as a Special Forces medic for the US Army in Afghanistan during the Gulf War. The company is headquartered near Greenville in Anderson, SC (www.tacmedsolutions.com).
Guardian Capital Partners makes control investments in lower middle market private companies located primarily in the United States that have annual revenues between $20 million and $100 million and EBITDA between $3 million and $9 million. Sectors of interest include consumer products, niche manufacturing and specialty business services. The firm is headquartered in the Philadelphia suburb of Wayne, PA (www.Guardiancp.com).
MVC Capital (www.mvccapital.com) provided additional financing and minority equity for this transaction.
© 2019 Private Equity Professional | January 14, 2019
