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Announced

Completed

DECKED completed the acquisition of CargoGlide.

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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Completed

Private

Household Furnishings

Friendly

Majority

bedroom furniture

Single Bidder

Acquisition

United States

Domestic

Synopsis

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DECKED, a manufacturer of storage and organization products, completed the acquisition of CargoGlide, a designer of sliding bed platforms. Financial terms were not disclosed. "We are very excited to bring CargoGlide into the DECKED family. It's a natural acquisition as its ergonomic focus is a great complement to DECKED. We believe that by adding DECKED's manufacturing, engineering, and design knowledge as well as marketing and sales infrastructure, we can take CargoGlide to the next level. We were particularly impressed with the burliness of their products," Jake Peters, DECKED GM.

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