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New Deal


Announced

Completed

The Sterling Group completed the acquisition of Camco Manufacturing's Liquids division.

Financials

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

Tags

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windshield wash

Private

United States

Majority

Acquisition

Household Equipment and Products

Friendly

Single Bidder

Private Equity

Completed

Synopsis

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The Sterling Group, a Houston-based middle-market private equity firm, through its portfolio company Highline Aftermarket, completed the acquisition of Camco Manufacturing's Liquids division, a nationwide manufacturer of windshield wash, RV antifreeze, and diesel exhaust fluid. Financial terms were not disclosed. "Over 50 years, the Caine family has built a fantastic Liquids business at Camco, with a reputation for high-quality products and exceptional customer service. We are excited to combine the strengths of the Liquids business with Highline's seven plants and 14 distribution centers to better serve customers nationwide. This combination is a perfect strategic fit and enables Highline's growth ambitions. I welcome Liquids employees and customers to Highline," Darcy Curran, Highline Aftermarket CEO.

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