Phoenix, February 6, 2026
TYR Tactical, a Peoria-based manufacturer of body armor, has been acquired by Florida’s Cadre Holdings Inc. for $175 million. This acquisition highlights the strength of Phoenix’s entrepreneurial spirit, showcasing how local businesses are increasingly attractive to larger companies. The deal is expected to foster economic growth in the region, creating new opportunities and affirming Phoenix’s position as a hub for innovation and strategic investment.
Phoenix Sees Major Investment in Local Innovation: TYR Tactical Acquired
Phoenix’s vibrant business landscape continues to attract significant investment, showcasing the power of entrepreneurial innovation and strategic growth. In a notable recent development, Peoria-based body armor manufacturer TYR Tactical has been acquired by Florida-based Cadre Holdings Inc. in a deal valued at $175 million. This acquisition underscores the robust opportunities for businesses, particularly those demonstrating a strong commitment to resilience and product excellence, within the Arizona economy.
The transaction highlights a positive trend for Phoenix AZ business: local enterprises, built through dedication and an innovative spirit, are increasingly becoming attractive targets for larger national and international entities. Such events not only validate the hard work of local entrepreneurs but also inject new capital and resources into the region, potentially fostering further economic expansion and job creation. It exemplifies how a dynamic and supportive market can enable companies to achieve remarkable milestones.
The Acquisition of a Local Leader
The acquisition saw Cadre Holdings Inc. complete the $175 million deal for TYR Tactical, a company celebrated for its specialized body armor products. TYR Tactical, based in Peoria, Arizona, has distinguished itself in the defense manufacturing sector through its commitment to quality and innovation. This significant investment by a Florida-based entity into a local Arizona company reflects the growing appeal of the region’s innovative industries and skilled workforce.
TYR Tactical: A Testament to Arizona AZ Entrepreneurs
TYR Tactical’s journey is a compelling narrative of entrepreneurial success in Arizona. The company earned recognition as a 2025 Phoenix Business Journal Fastest Growing Companies winner, a testament to its rapid expansion and market penetration. This achievement highlights the ingenuity and drive characteristic of Arizona AZ entrepreneurs who are building businesses with national and global relevance. Furthermore, the previous owners of TYR Tactical are set to become significant shareholders in Cadre Holdings, Inc., signaling continued involvement and a vote of confidence in the future direction of the combined entity. This arrangement not only provides a strong return for the founders but also aligns their long-term interests with the acquiring company’s success.
Economic Growth and the Phoenix Small Business Ecosystem
This acquisition is a clear indicator of the healthy economic environment thriving within the greater Phoenix area. Such private investments are crucial catalysts for sustained growth, providing capital that can fuel expansion, research, and development within the acquired company and potentially inspire new ventures across the region. The success of a specialized manufacturer like TYR Tactical demonstrates that focused innovation, even in niche markets, can lead to substantial economic benefits.
The ripple effects of such deals extend beyond the immediate financial transaction. They often lead to increased demand for local services, create new job opportunities, and reinforce Phoenix’s reputation as a prime location for businesses looking to innovate and scale. A business climate that champions reduced regulatory burdens and fosters a competitive market allows local enterprises to flourish, ultimately attracting more investment and talent to the region. This acquisition serves as a powerful example of how private sector success drives broader community prosperity.
The Impact on Defense Manufacturing and Beyond
The body armor manufacturing sector is critical for national security and public safety. TYR Tactical’s specialized focus and success underscore the importance of precision manufacturing and advanced materials within the defense industry. The integration of a rapidly growing company like TYR Tactical into a larger holding company such as Cadre Holdings Inc. could potentially enhance operational efficiencies and expand market reach for its innovative products, ultimately benefiting those who rely on high-quality protective gear.
Looking Ahead: Opportunities for Phoenix
The acquisition of TYR Tactical by Cadre Holdings Inc. is a significant event for the Phoenix AZ business community. It not only celebrates the achievements of a local company but also signals a promising future for the region’s economic development. For Phoenix small business owners and aspiring Arizona AZ entrepreneurs, this transaction serves as a compelling example of the potential for growth and success that exists when innovation, hard work, and a supportive economic environment converge.
As Phoenix continues to evolve as a hub for innovation and business, staying informed and engaged in the local economic landscape is more important than ever. We encourage our readers to continue supporting local enterprises and exploring the diverse opportunities that contribute to the ongoing vibrancy and growth of our community.
Frequently Asked Questions
- What company acquired TYR Tactical?
- Florida-based Cadre Holdings Inc. acquired TYR Tactical.
- What was the acquisition price for TYR Tactical?
- The acquisition of TYR Tactical was valued at $175 million.
- Where is TYR Tactical based?
- TYR Tactical is a Peoria-based body armor maker.
- What recognition did TYR Tactical receive?
- TYR Tactical was a 2025 Phoenix Business Journal Fastest Growing Companies winner.
- What is the future role of TYR Tactical owners after the acquisition?
- TYR Tactical owners are to become significant Cadre shareholders.
Key Features of the Acquisition
| Feature | Detail |
|---|---|
| Acquiring Company | Cadre Holdings Inc. (Florida-based) |
| Acquired Company | TYR Tactical (Peoria, Arizona-based body armor maker) |
| Acquisition Value | $175 million |
| TYR Tactical Recognition | 2025 Phoenix Business Journal Fastest Growing Companies winner |
| Owners’ Role Post-Acquisition | To become significant Cadre shareholders |
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
