Griffon - M&A Summary and Business Overview

Building MaterialsCompany

Griffon M&A Summary

Griffon has acquired 4 companies. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

Griffon’s largest acquisition to date was in 2010, when it acquired The Ames Companies for $542M. It’s largest disclosed sale occurred in 2017, when it sold Clopay Plastic Products to Berry Global for $475M. Griffon has acquired in 3 different US states. The Company’s most targeted sectors include building materials (67%) and technology hardware (34%).

Griffon Business Overview

Where is Griffon headquartered?

Griffon is headquartered in New York, New York.

What is Griffon’s revenue?

Griffon disclosed revenue of 2,848M USD for 2022 and 2,271M USD for 2021.

How many employees does Griffon have?

Griffon has 7,400 employees.

What sector is Griffon in?

Griffon is a building materials company.

When was Griffon founded?

Griffon was founded in 1959.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity3
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 4

Griffon

Griffon Corp.

712 Fifth Avenue 18th Floor,
New York, New York 10019
United States,
(212) 957-5000
www.griffon.com

Griffon is a diversified manufacturing firm. Its primary divisions include, Home and Building Products, Clopay Plastics Products, and Telephonics Corporation. Griffon was founded in 1959 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $802M $802M
Sell (0.4/yr) # 1 - 1 1 - - 3
vol $475M $330M $805M
  6

Most Recent M&A

Company Date Value Type
Telephonics Corp. 2022-04-18 330M USD Divestiture
Farmingdale, New York · www.telephonics.com
System Engineering Group, Inc. 2021-01-04 - Divestiture
New York, New York
Clopay Plastic Products Co. 2017-11-16 475M USD Divestiture
Mason, Ohio · www.clopayplastics.com
ClosetMaid Corp. 2017-09-05 260M USD Divestiture
Ocala, Florida · www.closetmaid.com
The Ames Companies, Inc. 2010-07-19 542M USD Add-on Acquisition
Camp Hill, Pennsylvania · www.ames.com
Telephonics Corp. 1961-01-01 - Add-on Acquisition
Farmingdale, New York · www.telephonics.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
The Ames Companies, Inc. 2010-07-19 Hunter Fan Co. 2021-12-20 7
Camp Hill, Pennsylvania · www.ames.com Memphis, Tennessee · www.hunterfan.com
The Ames Companies, Inc. 2010-07-19 Harper Brush Works, Inc. 2017-11-06 6
Camp Hill, Pennsylvania · www.ames.com Fairfield, Iowa · www.harperbrush.com

M&A by Sector

Sector Buy # Value Sell # Value
Building Materials 2 (67%) 802M (100%) - -
Technology Hardware 1 (33%) - 1 (33%) 330M (41%)
Defense - - 1 (33%) -
Plastics - - 1 (33%) 475M (59%)
Total 3 $802M 3 $805M

By Geo

State/Country Buy Value Sell Value
United States 3 802M 3 805M
  New York 1 - 2 330M
  Pennsylvania 1 542M - -
  Florida 1 260M - -
  Ohio - - 1 475M
Total 3 $802M 3 $805M

Top M&A Advisors

Financial Deals
Goldman Sachs
2
Lazard Ltd.
2
The Chertoff Group
1
Legal Deals
Dechert
4

Deal Values

buy # Total
$100M to $1B 2 $802M
TOTAL $802M
Largest The Ames Companies, Inc.
$542M (2010-07-19)
sell # Total
$100M to $1B 2 $805M
TOTAL $805M
Largest Clopay Plastic Products Co.
$475M (2017-11-16)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
33%
1 (33%)
Divested to
Strategic(s)
100%
3 (100%)

 Subscribe to unlock this and 201,598
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.