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New Deal


Announced

Completed

Nautic Partners completed the acquisition of Harrington Industrial Plastics.

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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United States

Friendly

Diversified Industrials

Private Equity

industrial plastic piping

Completed

Private

Majority

Single Bidder

Acquisition

Mbo

Synopsis

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Nautic Partners completed the acquisition of Harrington Industrial Plastics, a distributor of corrosion-resistant fluid conveyance, control, and measurement products for industrial fluids and high purity applications. Financial terms were not disclosed. "We are delighted to have found in Nautic a like-minded partner. Harrington has been growing at rates well above the market for several years based on our strategy of providing superior customer service, local product availability, and a level of product and application expertise that is unrivalled in the industry. We look forward to working in close partnership with Nautic to cement these advantages and to continue our strong growth," Eben Lenderking, Harrington CEO.

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