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New Deal


Announced

Stephens Group-backed Sound Seal acquired Acoustical & Tackable Surfaces.

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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acoustical walls

Building Materials: Other

Private

Friendly

United States

Private Equity

Pending

Acquisition

Single Bidder

Synopsis

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Sound Seal, a portfolio company of The Stephens Group and leading manufacturer of noise control products, acquired Acoustical & Tackable Surfaces, a leading manufacturer and installer of acoustical wall and ceiling panels. Financial terms were not disclosed. "The ATS product and service portfolio is a perfect addition to our thriving architectural business,” said Joe Lupone, CEO of Sound Seal. "Our lean practices support a culture of continuous improvement, unmatched product quality and customer service. Furthermore, Sound Seal will extend sophisticated marketing and commercial resources that support rapid growth and scale. This acquisition is a prime example of Sound Seal taking another positive step toward strengthening our overall position in noise control."

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