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New Deal


Announced

Completed

Sun Capital Partners completed the acquisition of Select Interior Concepts for $411m.

Financials

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Transaction Value£280m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA13x
Share Price Premium32%
One Off Charge-

Tags

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Friendly

Domestic

Single Bidder

Acquisition

Building Materials: Other

Public

Private Equity

interior building products

Majority

United States

Completed

Synopsis

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Sun Capital Partners, a global private equity firm, completed the acquisition of Select Interior Concepts, a distributor of interior building products, for $411m. "This transaction will deliver significant cash value for SIC’s shareholders as promised when I joined SIC. Additionally, it offers exciting new opportunities for customers, partners and employees of our Architectural Surfaces Group segment. We are very grateful to the entire team that contributed to SIC’s and ASG’s success over the years. Sun Capital is the ideal partner to advance its long-term strategy and the transaction is a testament to the dedication and achievements of our team members," Bill Varner, Select Interior Concepts CEO.

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