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New Deal


Announced

Apollo to invest in Accent Family of Companies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Minority

Friendly

heavy machinery

United States

baling wire

Machinery: Specialty

Domestic

Private Equity

Pending

Single Bidder

Synopsis

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Apollo, an American private equity firm, agreed to invest in Accent Family of Companies, a provider of distribution and manufacturing of baling wires and wire-tier machines. Financial terms were not disclosed. "We believe Accent is a critical supplier to the recycling industry poised for continued growth and impact, and we see several opportunities to help grow and develop the Company. We look forward to partnering with Bill and the talented team at Accent to support its expansion globally, which we believe will contribute to the continued adoption of sustainable recycling practices leading to a decrease in landfilled waste and emissions in local communities," Joanna Reiss, Apollo Partner and Co-Head of Impact.

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