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New Deal


Announced

Completed

The Sterling Group-backed FSG completed the acquisition of Binford Supply from Building Industry Partners-backed US Fence.

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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Domestic

fencing

Acquisition

agricultural solutions provider

Completed

Single Bidder

Majority

agricultural

Private Equity

Household Equipment and Products

Private

Friendly

United States

Synopsis

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The Sterling Group-backed Fencing Supply Group, a firm focused on building a group of industry-leading fencing distributors, completed the acquisition of Binford Supply, a manufacturer and distributor of a full range of fencing and outdoor access control products, from Building Industry Partners-backed US Fence, a private equity investment firm. Financial terms were not disclosed. “We’re very proud of the business we’ve built at Binford Supply and the growth we’ve achieved amidst unprecedented market disruptions. As a team, we’ve successfully opened three new branches in the last two years alone, and we’re just getting started. As the leading distributor of fence products in its markets, Binford has always been an organization that cares deeply about its people and serving its customers, and our dedication to both our employees and our contractor base will only continue to strengthen," Jeff Cook, Binford President.

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