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Announced

Completed

Reliance Steel & Aluminum completed the acquisition of Merfish United from One Equity Partners.

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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Single Bidder

Specialty Retailers

Private Equity

Private

carbon steel pipes

industrial supplies

Acquisition

Friendly

building products

Domestic

Majority

United States

Metal Fabricating

Completed

Synopsis

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Reliance Steel & Aluminum, a metals service center operator, completed the acquisition of Merfish United, a distributor of carbon steel pipes, fittings and flanges, from One Equity Partners, a middle market private equity firm. Financial terms were not disclosed. "We identified Merfish as a unique business with strong growth prospects led by a talented management team. We're proud of our work with Merfish United's CEO Greg Leidner, Chairman Gerald Merfish and their team over the past eight years to create one of the largest master distributors of competitively priced standard pipe and tube products in North America," Jamie Koven, OEP Senior Managing Director.

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