05/30/2024

Citizens Advises National Safety Apparel on its Sale to Blue Point Capital Partners

PROVIDENCE, RI – Citizens M&A Advisory announced today that it served as the exclusive financial advisor to National Safety Apparel on its sale to Blue Point Capital Partners.

Headquartered in Cleveland, NSA manufactures branded, high-performance personal protective equipment and safety products for critical-use industrial applications. The company’s one-stop-shop portfolio includes electrical PPE, flame-resistant clothing, military and government PPE, thermal PPE, electrical safety products and other general industrial PPE offerings. NSA has a track record of achieving significant scale and diversification through acquiring over a dozen niche category leaders.

Citizens M&A Advisory Managing Director David Dunstan said: “NSA is one of the premier companies in the industrial PPE sector and fits squarely in our dedicated industrial safety coverage team effort. We look forward to seeing the great things NSA and Blue Point can accomplish together.”

Citizens M&A Advisory specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients' true value. The Citizens team has more than 100 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens JMP Securities, LLC, a subsidiary of Citizens Financial Group (NYSE: CFG).

About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $220.4 billion in assets as of March 31, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and more than 1,100 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on TwitterLinkedIn or Facebook.

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