Founded in 1999, INNOTEX Inc. (“INNOTEX”) is a leading manufacturer of firefighter protective suits, widely known as turnout gear, as well as multifunctional and lighter-weight rescue gear, protective hoods and gloves. The Company is headquartered in Quebec and operates in Canada and the United States. INNOTEX has three production facilities in Quebec (Montreal, Richmond, Warwick) and one facility in the U.S. (Ohatchee, AL). The company holds a dominant position in the Canadian market with a growing presence in the U.S. thanks to its innovative products and excellent customer service.

• Dominant market leader in Canada with opportunities to continue to grow market share in the U.S.
• North American fire suits market is stable with continued organic growth driven by an increased focus on firefighter protection and growth in the number of emergency calls
• Opportunity to leverage existing INNOTEX platform to become a leading North American player through strategic acquisitions
• Experienced, aligned management team with an excellent track record of growth
• Significant experience in the fire & emergency and protective apparel industries through previous Clearspring investments