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New Deal


Announced

Clearlake-backed PrimeSource to acquire Nationwide Industries.

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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outdoor hardware

Majority

Friendly

Private

United States

Household Equipment and Products

Acquisition

Private Equity

Pending

Single Bidder

Domestic

Synopsis

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Clearlake-backed PrimeSource, a North American provider of specialty branded residential building products, agreed to acquire Nationwide Industries, a provider of branded specialty hardware for outdoor residential applications. Financial terms were not disclosed. "We are thrilled to add Nationwide to the PrimeSource portfolio. The Nationwide team has built a stable of brands and products that fits well with our existing platform and our national scale will enable us to grow this business at an accelerated pace," Tom Koos, PrimeSource CEO.

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