M&A Deal Summary |
|
|---|---|
| Date | 2014-11-21 |
| Target | Specialty Pipe & Tube |
| Sector | Distribution |
| Buyer(s) | Ascent Industries |
| Sellers(s) | Ferguson Waterworks |
| Deal Type | Divestiture |
| Deal Value | 32M USD |
| Advisor(s) | BB&T Capital Markets (Financial) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1945 |
| Sector | Manufacturing |
| Employees | 514 |
| Revenue | 178M USD (2024) |
Ascent Industries encompasses a portfolio of highly respected manufacturing businesses including Manufacturers Chemicals, DanChem, CRI Tolling, Bristol Tubular Products, the stainless steel and galvanized pipe and tube operations of Marcegaglia USA, and American Stainless Tubing. Ascent Industries was founded in 1945 and is based in Oak Brook, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 3 of 5 |
| Year: 2014 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-04 |
Ram-Fab
Crossett, Arkansas, United States Ram-Fab is a fabricator of custom piping systems. Ram-Fab regularly works with both carbon and exotic metals and can provide complete turnkey fabrication solutions. They serve multiple market segments, including the petro-chemical, water/wastewater, mining, and heavy manufacturing industries. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-29 |
Universal Stainless
Bridgeville, Pennsylvania, United States Universal Stainless is a producer of semi-finished and finished specialty steel long products and plate, including nickel alloy, stainless steel, tool steel and aircraft quality low alloy steels, in a wide variety of grades and product forms. Universal Stainless was founded in 1994 and is based in Bridgeville, Pennsylvania. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1953 |
| Sector | Distribution |
| Employees | 1,900 |
Ferguson is a diverse wholesale distributor with operations spanning multiple business groups. The company is ranked by trade publications as the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings(PVF) in the US. It is also the fourth largest distributor of heating and cooling equipment (HVAC/R) and the second largest company within the waterworks industry.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Distribution M&A | 1 of 2 |
| Type: Divestiture M&A Deals | 1 of 2 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2014 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-09 |
HP Products
Indianapolis, Indiana, United States HP Products Corp. is a distributor of janitorial, safety, packaging and laundry/dietary products serving customers in a variety of industries. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-09 |
Builders Appliance Center
Englewood, Colorado, United States Builders Appliance Center LLC is a luxury appliance dealer. |
Buy | - |
