Merger Links

Bain Capital to acquire Harrington from Nautic Partners.

Announced

Transaction Tags

  • Private Equity
  • Friendly
  • United States
  • Diversified Industrials
  • industrial plastic piping
  • Acquisition
  • Domestic
  • Majority
  • Private
  • Pending
  • Single Bidder

Synopsis

Bain Capital, a private investment firm, agreed to acquire Harrington, a distributor of industrial plastic piping, from Nautic Partners, a middle-market private equity firm. Financial terms were not disclosed. “Our vendors and customers have long recognized Harrington as a leading supply chain partner and technical expert in the specialty distribution sector. As our end markets are benefitting from key macroeconomic trends, we are excited to partner with Bain Capital to accelerate our growth as we continue to support critical industrial sectors across the country,” Dave Abercrombie, Harrington CEO.

Sources

Press Release

Bain Capital

Transaction Value

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Consideration Type

Cash

Capital Owned

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Capital bid for

100%

EV/Sales

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EV/EBITDA

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Share Price Premium

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Service Providers (11)Dealmakers
Robert W Baird

financial advisors

Robert W Baird

Bmo Capital Markets

debt providers

Bmo Capital Markets

Oak Hill Advisors

debt providers

Oak Hill Advisors

Jefferies & Company

debt providers

Jefferies & Company

PricewaterhouseCoopers

accounting advisors

PricewaterhouseCoopers

Kirkland & Ellis

legal advisors

Kirkland & Ellis

Stanton Prm

pr advisors

Stanton Prm

Goldman Sachs

debt providers

Goldman Sachs

William Blair & Co

financial advisors

William Blair & Co

Cbiz Mergers And Acquisitions

accounting advisors

Cbiz Mergers And Acquisitions

Mcdermott Will & Emery

legal advisors

Mcdermott Will & Emery

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