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New Deal


Announced

Completed

Golden Gate Capital completed the investment in Covia.

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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Acquisition

Private

minerals and material solutions

Minority

United States

Domestic

Private Equity

Completed

Single Bidder

General Mining

Friendly

Synopsis

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Golden Gate Capital, a private equity investment firm, completed the investment in Covia, a provider of mineral-based material solutions. Financial terms were not disclosed. "We have long admired Covia for their leading product portfolio, robust distribution network and commitment to continued innovation, and are excited to add this great company to our roster of industrials investments. We deeply appreciate and share Covia’s commitment to delivering customer-driven solutions and are excited to leverage our industry experience to help the Company continue providing high-quality products to leading companies in the industrial and energy markets," Dave Thomas, Golden Gate Capital Managing Director.

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