M&A Deal Summary

Gibraltar Industries Acquires TerraSmart

On January 4, 2021, Gibraltar Industries acquired building materials company TerraSmart for 220M USD

Acquisition Highlights
  • This is Gibraltar Industries’ 5th transaction in the Building Materials sector.
  • This is Gibraltar Industries’ largest (disclosed) transaction.
  • This is Gibraltar Industries’ 14th transaction in the United States.
  • This is Gibraltar Industries’ 1st transaction in Florida.

M&A Deal Summary
Date 2021-01-04
Target TerraSmart
Sector Building Materials
Buyer(s) Gibraltar Industries
Deal Type Add-on Acquisition
Deal Value 220M USD

Target

TerraSmart

Fort Myers, Florida, United States
website
TerraSmart LLC is a provider of screw-based, ground-mount solar racking technology with in the design, engineering, and manufacturing of turnkey field solutions marketed under the GLIDE (fixed-tilt) and TerraTrak (single-axis tracker) brand names. TerraSmart was founded in 2009 and is based in Fort Myers, Florida.

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Buyer(S) 1

Buyer

Gibraltar Industries

Buffalo, New York, United States

website

Category Company
Founded 1972
Sector Building Materials
Employees2,319
Revenue 1.4B USD (2022)
DESCRIPTION

Gibraltar Industries is a manufacturer and distributor of building products, focused on residential and low-rise commercial building markets, as well as industrial and transportation infrastructure markets. Gibraltar Industries was founded in 1972 and is based in Buffalo, New York.

DEAL STATS #
Overall 17 of 18
Sector (Building Materials) 5 of 6
Type (Add-on Acquisition) 17 of 18
State (Florida) 1 of 1
Country (United States) 14 of 15
Year (2021) 2 of 2
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-04 Sunfig

Oakland, California, United States

Sunfig provides software solutions to optimize solar energy investments and increase project return through upstream design, performance, and financial modeling. Sunfig was founded in 2017 and is based in Oakland, California.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 Gibraltar - Industrial business

Buffalo, New Hampshire, United States

Gibraltar's Industrial business is a provider of products and services for renewable energy. Gibraltar's Industrial business is based in Buffalo, New Hampshire.

Sell -
Mergr

Product

Company

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