IAC acquired by Witmer Public Safety Group

BILLERICA, Mass. – Interstate Arms Corporation (IAC), a leading distributor to the law enforcement, corrections, security and public safety markets, has been purchased by Witmer Public Safety Group, based in Abbottstown, Pa.

Business Transition Services, an M&A firm based in Pembroke, N.H. and Andover, Mass., identified the buyer and coordinated the transaction, representing the sellers. Ken Schaefer and John Howe of BTS began working with owners four years ago to prepare for a transition so  founders could retire.

IAC was formed in 1974 by two brothers, Martin and Saul Arnstein. In addition to law enforcement, the company operated a full FFL distribution business.

Witmer has been growing through the years, focusing largely on the public safety community including firefighters, EMTs and paramedics. Its work with the law enforcement community includes operation of Officer Store, which provides a full line of products for those working the front line of law enforcement.

Terms of the private transaction were not disclosed.

 

What our clients are saying...

“What a great experience it was to work with John Howe, who sold my business in May 2012. A year prior, his thorough analysis of the business pointed out ways to increase annual revenue. Because of this, I made changes that immediately increased revenue, substantially increasing the value of the business. John then found the right buyer and coordinated a seamless transition—he doesn’t miss a single detail. He provides excellent business consultation, is highly organized, and a pleasure to work with. I would highly recommend John to anyone who is looking to sell their business or simply improve the bottom line.”

- Maundy Mitchell

Comfort Keepers