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New Deal


Announced

Completed

Sightline Commercial Solutions completed the acquisition of Trex Commercial Products from Trex.

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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Private

Construction Services

Single Bidder

Majority

Completed

Friendly

United States

Domestic

outdoor living products

Acquisition

Synopsis

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Sightline Commercial Solutions completed the acquisition of Trex Commercial Products from Trex, a manufacturer of high-performance, wood-alternative decking and railing. Financial terms were not disclosed. “During our ownership of Trex Commercial, its products were installed in some of the largest and most prestigious sporting and entertainment venues in the country. Trex Commercial was also instrumental in helping the Company capitalize on the growing trend toward more modern, commercially inspired railing designs with the launch of our successful rod rail system, the new glass railing system and numerous other innovations that will drive future value for Trex. I am pleased to report that current Trex Commercial staff will be offered employment at the new company," Bryan Fairbanks, Trex President and CEO.

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