Announced
Completed
Financials
Tags
Single Bidder
Private
United States
Majority
Completed
Domestic
Acquisition
Friendly
building products
Household Equipment and Products
Private Equity
Synopsis
Gibraltar, a manufacturer and provider of products and services for the renewable energy, completed the acquisition of Quality Aluminum Products, a manufacturer of residential building products, from Blackford Capital, a private equity investment firm, for $54m. “The acquisition of QAP expands our residential product offering and builds our presence in additional regional markets supporting both retail and wholesale customers. Adding a market leader like QAP supports our overall objective of accelerating growth, earnings, and market participation while also adding a best-in-class operating team to the Gibraltar organization," Bill Bosway, Gibraltar Chairman and CEO.
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