Wingate Partners V, LP has announced that they, in combination with company leadership, have acquired Strata Worldwide Holdings, Inc. ("Strata").  Terms of the transaction were not disclosed.

Strata is a leading global provider of innovative safety products and services to the mining industry.

"Wingate Partners is a great match for Strata as we both share a common vision and strategy that will lead to continued market share gain in the mining sector and future growth into adjacent markets." said Mike Berube, recently promoted CEO of Strata Worldwide.

"We are looking forward to working with Mike Berube and the Strata team.  Strata has exciting worldwide growth opportunities," said Jim Johnson, Partner of Wingate Partners.