Catalyst at heart of US law enforcement equipment manufacturer deal

ADVISORY firm Catalyst Corporate Finance and its US partner firm have worked together to complete the sale of Kustom Signals to MPD.

Kustom, a subsidiary of Public Safety Equipment, is based in Kansas from where it manufactures law enforcement equipment and provides products for military, law enforcement, industrial and commercial customers.

MPD, located in Kentucky, is an employee-owned business which has five wholly owned subsidiaries. Its customers include US and foreign military services and their contractors, avionics manufacturers, law enforcement organisations, industrial companies and commercial concerns.

Financial details have not been disclosed.

Birmingham-based Catalyst previously advised on the acquisition of Kustom’s parent company Public Safety Equipment.

Andy Currie, managing partner at Catalyst, said: “This was a truly international story starting with Catalyst advising the portfolio company of a large US family on their acquisition of a UK-headquartered international automotive business that then disposed of a non-core US business.

“By working closely with one of our international partners in Mergers Alliance, we were able to demonstrate how these relationships can benefit clients, providing local market, sector knowledge and expertise that can be key to a successful transaction.”