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Announced

Completed

CapStreet Group-backed Marco Group completed the acquisition of Manus Abrasive Systems.

Financials

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

Tags

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abrasive materials

Majority

Friendly

Diversified Industrials

Canada

Private Equity

Single Bidder

Completed

Acquisition

Private

Synopsis

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CapStreet Group-backed Marco Group, a manufacturer and distributor of surface preparation equipment and consumables, completed the acquisition of Manus Abrasive Systems, an Edmonton-based manufacturer and distributor of surface preparation equipment, abrasive materials and consumables. Financial terms were not disclosed. "We are excited to join the Marco team. Marco has built an industry leading platform, and we believe our customers will benefit from the company’s international reach and deep product portfolio. We are excited to be a part of the Marco organization going forward," Cory MacLean, Manus President.

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