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New Deal


Announced

Blue Point-backed Transtar Holding Company to acquire Pro Form Products.

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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repair products

Canada

Auto Parts

Pending

Private

Acquisition

refinishing

Friendly

Private Equity

Single Bidder

Cross Border

Majority

Synopsis

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Blue Point-backed Transtar Holding Company, an aftermarket automotive products company, agreed to acquire Pro Form Products, an automotive refinishing and repair products manufacturer. Financial terms were not disclosed. “Pro Form and Transtar Autobody Technologies are well-paired from a strategic and commercial standpoint. This addition to our portfolio of businesses will allow us to enter new end-markets — including industrial and marine — as well as expand the depth and breadth of our product line and provide complementary geographic coverage across the US and Canada. We look forward to combining forces to enhance our capabilities and better serve our customers,” Neil Sethi, Transtar President and CEO.

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