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New Deal


Announced

Completed

New State Capital-backed Mako Steel completed the acquisition of a majority stake in Rabco from BGL.

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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Friendly

United States

metal building products

Building Materials: Other

Single Bidder

Majority

Completed

Private Equity

building materials

Acquisition

Domestic

Private

Synopsis

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New State Capital-backed Mako Steel completed the acquisition of a majority stake in Rabco, a building materials provider, from Brown Gibbons Lang & Company, an asset manager. Financial terms were not disclosed. "We look forward to a powerful partnership with New State and Mako. The financial and operational resources they offer will be instrumental as we add services and expand geographically to achieve our next-level potential," Emmett Buster Owens III, Rabco President.

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