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Announced

Completed

Industrial Opportunity Partners completed the acquisition of PolyVision from Steelcase.

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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Majority

United States

coated steel

Acquisition

Private Equity

Friendly

Diversified Industrials

Private

Single Bidder

Completed

Domestic

Synopsis

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Private equity firm Industrial Opportunity Partners completed the acquisition of PolyVision, a manufacturer of ceramic coated steel used in whiteboards, chalkboards, and architectural cladding, from Steelcase, a United States-based furniture company. Financial terms were not disclosed. "We are excited to partner with the PolyVision team. We believe that PolyVision has a strong position in the market and an excellent reputation with its customers," Chris Willis, Industrial Opportunity Partners Director.

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