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New Deal


Announced

Black Diamond Capital Management to acquire the storage tanks business of Arcosa for $275m.

Financials

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Transaction Value£219m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private

United States

Pending

Specialty Contracting

Acquisition

Majority

Domestic

storage tanks

Private Equity

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Synopsis

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Black Diamond Capital Management, a private equity firm, agreed to acquire the storage tanks business of Arcosa, a provider of infrastructure-related products and solutions, for $275m. “Today’s announcement represents a significant milestone in the advancement of our long-term vision to reduce the complexity of Arcosa’s overall portfolio and focus on strategic growth in select markets where we can achieve a sustainable competitive advantage," Antonio Carrillo, Arcosa President and CEO.

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