Description of Transaction
Sequeira Partners was engaged by CPE to assist with the divestiture of the business. The Sequeira team advised CPE through a sale process including initial valuation, approaching a targeted list of qualified purchasers, preliminary negotiations, due diligence, and negotiation of final transaction terms.
The sale to Westone allows CPE to expand its geographic reach and increase the pace of innovation. This will best position the Company for continued success and future growth through Westone’s strong brand reputation and broad array of complementary services.
Custom Protect Ear
Based in Vancouver, British Columbia, Custom Protect Ear was founded in 1976 and provides effective, verifiable, and noise level matched industrial hearing protection to over 4,500 corporate clients worldwide across a wide range of industries including distribution, manufacturing, machining, energy, packaging, public safety & security, transportation, and food. CPE is a certified and compliant ISO 9001 manufacturer that incorporates both traditional handcrafted manufacturing processes and leading-edge 3D printing technology.
Westone
Established in 1959, Westone Laboratories is celebrating 60 years of delivering custom earpieces that protect and enhance hearing, facilitate communication, and support hearing healthcare professionals. As the largest manufacturer of custom earpieces in the world with both hearing healthcare and music specialists on our research, development and production teams, Westone is recognized as a leading innovator across the custom earplug, hearing protection, and music industries. Westone is a portfolio Company of HealthEdge Investment Partners, an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry.
