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New Deal


Announced

Completed

PPG Industries completed the acquisition of VersaFlex from DalFort Capital Partners for $70m.

Financials

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Transaction Value£51m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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geotechnical engineering

Majority

Domestic

Building Materials: Other

Friendly

insulation materials

Acquisition

Private

Single Bidder

United States

polyurea

Completed

Private Equity

Synopsis

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PPG Industries, a supplier of paints, coatings, and specialty materials, completed the acquisition of The VersaFlex Family of Companies, a manufacturer of diversified building materials, from DalFort Capital Partners, a private equity firm, for $70m. "This outstanding outcome is a testament to the VersaFlex team and DalFort's strategy of partnering with business owners and their operating teams to build exceptional companies," Morris Wheeler, VersaFlex Chairman.

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