.
MergerLinks Header Logo

New Deal


Announced

Completed

NEFCO completed the acquisition of Newman Associates.

Financials

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

Sources

Edit

Tags

Edit

Construction Services

Completed

Acquisition

construction equipment

United States

Single Bidder

Friendly

Domestic

Majority

Private

Synopsis

Edit

NEFCO, a provider of professional construction trades, completed the acquisition of Newman Associates, a distributor of construction equipment and pipe support systems. Financial terms were not disclosed. “Newman has been a fierce competitor of ours for decades and we couldn’t be more excited to join forces as one company and continue to grow our presence in New England and better service our customers. Newman’s engineering, fabrication, and technical expertise in pipe hangers & supports makes them the perfect partner for NEFCO and we feel very fortunate to welcome them on board as we continue to expand on our SHARP product offering and service capabilities," Matthew Gelles, NEFCO President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US