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New Deal


Announced

Completed

High Road Capital-backed Banner Solutions completed the acquisition of Berg Wholesale.

Financials

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Transaction Value-
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Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Completed

Private

household equipment

Acquisition

Household Equipment and Products

Private Equity

Synopsis

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High Road Capital-backed Banner Solutions, a leading value-added wholesale distributor of door hardware, electronic access control and security products, completed the acquisition of Berg Wholesale, a leading wholesale distributor of door hardware, bath hardware, and security products for the residential and multi-family housing markets. Financial terms were not disclosed. “With the acquisition of Berg Wholesale, Banner Solutions further expands its geographic reach and customer base, and adds new capabilities to service the multi-family market,” said Scott Rubino, Principal, High Road Capital Partners.

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