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New Deal


Announced

Completed

The Riverside Company-backed SureWerx completed the acquisition of Oberon.

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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Acquisition

Friendly

Majority

safety equipment

Private Equity

United States

Private

Domestic

Security Equipment

Single Bidder

Completed

Synopsis

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The Riverside Company-backed SureWerx, a global provider of safety products, tools and equipment, completed the acquisition of Oberon, a designer and manufacturer of Arc Flash personal protective equipment. Financial terms were not disclosed. “Acquiring Oberon adds a highly technical, complementary product line to the SureWerx PPE offering, enhancing its value proposition to distributors and end customers alike. The add-on is consistent with our strategy of building a portfolio of category-leading, technical safety products," Brad Roberts, Riverside Co-Chief Investment Officer.

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