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New Deal


Announced

Lansing Building Products to acquire the distribution business of Harvey Building Products from Dunes Point Capital.

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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Private

United States

Private Equity

exterior building products

Building Materials: Other

Friendly

Majority

Pending

Acquisition

Single Bidder

Synopsis

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Lansing Building Products, a provider of building products and materials, agreed to acquire the distribution business of Harvey Building Products, a distributor of exterior building products and a manufacturer of windows and doors, from Dunes Point Capital. Simultaneously, Lansing entered into a definitive agreement to sell a majority interest to Markel. Financial terms were not disclosed. "This partnership places us in a powerful position of strength to lead the building products industry and to set a new bar of what it means to deliver a best-in-class experience for our associates and customers," Jim Barreira, Harvey Building Products Chairman.

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