Angelo, Gordon & Co. of New York announced today that it has acquired the headquarters and distribution facility of Conney Safety Products in Madison.

Proceeds of the $6.7 million sale-leaseback transaction will be used by Conney for growth initiatives. Conney, founded in 1946, is a portfolio company of New York-based CI Capital Partners and is a full-service national marketer of personal protective and safety equipment, first aid supplies and various other safety products.