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New Deal


Announced

Completed

Huntsman completed the acquisition of Gabriel Performance Products from Audax for $250m.

Financials

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Transaction Value£183m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.4x
EV/EBITDA11x
Share Price Premium-
One Off Charge-

Tags

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resins

epoxy manufacturer

Single Bidder

Domestic

United States

Acquisition

Private

Friendly

specialty chemicals

Specialty Chemicals

Majority

Completed

Private Equity

Synopsis

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Huntsman, a chemical company, completed the acquisition of Gabriel Performance Products, a specialty chemical products manufacturer, from Audax Private Equity, a private equity firm, for $250m. Based on calendar year 2019, the purchase price represents an adjusted EBITDA multiple of approximately 11 times, or approximately 8 times pro forma for synergies.

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