CSW Industrials completed the acquisition of Cover Guard, AC Guard, and Falcon Stainless for $57.8m.

CSW Industrials, a diversified industrial growth company, completed the acquisition of Cover Guard, a provider of line sets and any unsightly lines, pipes or tubes, AC Guard, a manufacter of security cages to protect A/C, and Falcon Stainless, a manufacturer and distributor of a wide range of corrugated stainless steel water and gas connector products, for $57.8m. “These acquisitions align with our stated objective of enhancing long-term shareholder value as we once again deliver accretive, synergistic inorganic growth within our existing end markets. These newly acquired products are complementary to our existing HVAC/R and plumbing offerings and provide a meaningful value proposition to our end use customers. These acquisitions integrate directly into Contractor Solutions’ sales channel, warehouses, distribution networks, and supply chain. We expect the addition of these high value-added products to produce incremental market share gains,” Joseph B. Armes, CSW Industrials Chairman, President, and CEO.