If 5.11 Tactical, a maker of policy uniforms, goes public, there may just be a new sheriff in town for the industry.
There very well could be a new sheriff in town.
5.11 Tactical, a company that makes law enforcement uniforms, guns weapons and combat wear, is in talks for a possible initial public offering by owner TA Associates, a private equity company.
The company, which makes Nascar uniforms as well, is in very early discussions with investment banks,and could be valued anywhere from $650 – 800 million based on its earnings, according to the Financial Times. TA Associates may also simply sell the company instead, according to sources familiar with the matter.
