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New Deal


Announced

Completed

Genstar Capital completed the acquisition of Abracon from The Riverside Company.

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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holding company

Machinery: Industrial

United States

automation

machinery

factory equipment

manufacturing

Completed

Domestic

Disposal

Private Equity

Friendly

Private

Acquisition

Single Bidder

Majority

Synopsis

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Genstar Capital, a private equity firm, completed the acquisition of Abracon, an industrial machines manufacturer, from The Riverside Company, a private equity firm. Financial terms were not disclosed. “Riverside was a great investment partner that worked alongside us to significantly expand the platform while investing in our management team and infrastructure to position us for long-term growth,” Michael Calabria, Abracon CEO.

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