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New Deal


Announced

Completed

Odyssey Investment Partners completed the acquisition of Painters Supply and Equipment from Skyline Global 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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Majority

Private

Friendly

Single Bidder

Auto Services

Acquisition

coating industry

Completed

Domestic

United States

Private Equity

Synopsis

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Odyssey Investment Partners completed the acquisition of Painters Supply and Equipment, a distributor of automotive, industrial, and architectural coatings, from Skyline Global Partners, an investment firm. Financial terms were not disclosed. "PSE is a highly compelling investment opportunity with an outstanding business model that delivers recurring revenue as well as superior value to both vendor partners and customers. The Company's supply chain expertise across diverse industries, commitment to customer service, and successful M&A strategy have enabled significant scale and market share gains. PSE is well positioned for accelerated growth through geographic and category expansion as well as continued consolidation of fragmented markets. We are excited to support CEO Patrick Mayette and the existing leadership team, who will continue to lead the Company through its next phase of growth," Jason Cowett, Odyssey Managing Principal.

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