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Announced

Completed

MSA Safety completed the acquisition of Bacharach from FFL Partners for $337m.

Financials

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Transaction Value£238m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Domestic

Acquisition

Multi-Utilities

Friendly

United States

Private

heating services

Majority

Private Equity

Completed

Synopsis

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MSA Safety, a company engaged in the development, manufacture and supply of safety products, completed the acquisition of Bacharach, a provider of heating, ventilation, air-conditioning and refrigeration services, from FFL Partners, a private equity firm, for $337m. "We're very excited to officially welcome Bacharach to the MSA family. Many industries today are placing significant focus on monitoring and managing the usage of refrigerants for safety, environmental and efficiency purposes. With a leading gas detection portfolio, Bacharach provides MSA with access to attractive end markets, while aligning well with our mission and our product and manufacturing expertise," Nish Vartanian, MSA Chairman, President and CEO.

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