COLORADO SPRINGS, COLORADO — Westone Laboratories, Inc., in partnership with their principal investment group, HealthEdge Investment Partners, announced that it has closed on its acquisition of Custom Protect Ear, the largest custom-fit industrial hearing protection manufacturer in North America.
“We are delighted to join forces with Custom Protect Ear, the most trusted brand in custom-fit hearing protection used by hundreds of industrial clients across a wide variety of industries,” said Zubin Meshginpoosh, President and Chief Commercial Officer of Westone.
“Noise-Induced Hearing Loss (NIHL) is an epidemic in the workplace, and we remain steadfast in our commitment to eradicate it. This partnership with Westone allows us to expand our geographic reach, increase the pace of innovation and have a positive impact on more lives.”
–Jeffrey Goldberg, Chairman, and CEO of Custom Protect Ear added,
According to the announcement, Custom Protect Ear’s management team and operations will remain headquartered in Vancouver, BC with an operating subsidiary, ProtectEar USA, based in the United States.
About Westone
Established in 1959, Westone Laboratories is celebrating 60 years of delivering custom earpieces that protect and enhance hearing, facilitate communication, and support hearing healthcare professionals. The largest manufacturer of custom earpieces in the world with both hearing healthcare and music 2 specialists on our research, development and production teams, Westone is recognized as a leading innovator across the custom earplug, hearing protection, and music industries. For more information, visit Westone.com.
About Custom Protect Ear
Based in Vancouver, British Columbia, Custom Protect Ear was founded in 1976 and provides effective, verifiable, and noise level matched industrial hearing protection to over 4,500 corporate clients worldwide across a wide range of industries including distribution, manufacturing, machining, energy, packaging, public safety & security, transportation, and food. CPE is a certified and compliant ISO 9001 manufacturer that incorporates both traditional handcrafted manufacturing processes and leading-edge 3D printing technology. For more information, visit ProtectEar.com
About HealthEdge Equity Partners
HealthEdge Investment Partners, LLC is an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience, and network of relationships of its partners. HealthEdge’s partners have more than 100 years of combined operating experience in healthcare as CEOs and investors. For more information on HealthEdge, please visit HealthEdgepartners.com
