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New Deal


Announced

Completed

Harrington completed the acquisition of PumpMan.

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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Pipelines

Domestic

United States

plumbing services

Acquisition

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Harrington a distributor of industrial products, completed the acquisition of PumpMan, a provider of onsite maintenance, repair, and replacement for all components in water and wastewater pumping systems. Financial terms were not disclosed. “Harrington has built an exceptional business on the strength of great technical expertise, a broad range of products, and a nationwide network led by the most passionate employees in the industry. Adding a leading pump services competency to our family of products and services will bring beneficial synergies for our customers as we continue to strengthen our position in the water markets. We are tremendously excited to partner with PumpMan to add even greater value to our platform as we rapidly grow,” Bob Graham, Harrington CEO.

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