Mile Marker Industries, a manufacturer of rescue gear and equipment for the automotive aftermarket and OEM sectors, has been acquired by private equity firm HRH Boca LLC. The new ownership comes with an ambitious strategic vision, building upon the company’s heritage of professional quality products, according to the company. Mile Marker will retain its name and headquarters in Pompano Beach, Florida.

The companies say the announcement promises exciting developments for Mile Marker’s base of off-road enthusiasts and wholesale distributors, bringing with it new business leadership, product development and global expansion.

Jeffrey Albeck, recently tapped to be chief financial officer, emphasized that Mile Marker’s core strengths remain sacred as the company launches new initiatives, “I am extremely excited about ushering in this new era in Mile Marker’s 30-year history. Our new management team and strategic vision will leverage the company’s reputation of world-class performance. Innovation and a comprehensive growth strategy will be key for our ongoing success.”