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New Deal


Announced

Quad-C-backed SEI Group to acquire Tailored Foam of Florida.

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

Private Equity

Majority

Single Bidder

Acquisition

Friendly

United States

Construction Services

foam insulation

Private

Pending

Synopsis

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Quad-C-backed SEI Group, a provider of insulation and specialty building products, agreed to acquire Tailored Foam of Florida, one of North America's largest foam insulation contractors. Financial terms were not disclosed. "SEI is excited to partner with Tailored Foam to enhance our spray foam offerings and increase our exposure to the light commercial and public infrastructure markets. Tailored Foam's upstanding reputation, deep seeded relationships and complementary footprint across Florida and Southern Georgia, will allow for tremendous opportunities to accelerate the growth of both businesses," Joe Carrington, SEI CEO.

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