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Branford Castle-backed CSG to acquire HDK Industries from Cha Technologies.

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

Cross Border

Private

United States

Construction Services

Majority

manufacturing company

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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Branford Castle-backed Clean Solutions, an ESG company, agreed to acquire HDK Industries, a compny that specializes in custom-designed nonwoven fabrics, from Cha Technologies, a global conglomerate with diversified businesses in property, technology, textiles, financial services, and healthcare. Financial terms were not disclosed. "We're proud to support a company dedicated to developing solutions for a cleaner, more sustainable environment. Under the experienced leadership of Keith White and his team, we are confident CSG will continue growing strategically, both organically and through acquisitions, in this dynamic and expanding market," Ceon Francis, Branford Castle Partners Managing Director.

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