.
MergerLinks Header Logo

New Deal


Announced

Clearlake-backed PrimeSource to acquire Wolf Home Products from Tenex Capital Management.

Financials

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

Tags

Edit

Private

Pending

Friendly

Acquisition

Private Equity

Domestic

bathroom

kitchen furniture

kitchen

Household Equipment and Products

United States

Majority

Synopsis

Edit

Clearlake-backed PrimeSource, a distributor of fasteners and building materials, agreed to acquire Wolf Home Products, a supplier of kitchen cabinets and building products, from Tenex Capital Management, a private equity firm. Financial terms were not disclosed. "CEO Craig Danielson and his team have created a terrific service model that differentiates Wolf from anyone in their space, and the national footprint and overall scale PrimeSource brings will enable them to expand rapidly. Their leadership in Wolf-branded products, combined with a focus on the high growth markets in and around residential repair and remodel and outdoor living, fits very well with our strategy," Tom Koos, PrimeSource CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US