M&A Deal Summary

Carlisle Companies Acquires Plasti-Fab

On October 18, 2024, Carlisle Companies acquired building materials company Plasti-Fab from The Riverside Company for 260M USD

Acquisition Highlights
  • This is Carlisle Companies’ 6th transaction in the Building Materials sector.
  • This is Carlisle Companies’ 7th largest (disclosed) transaction.
  • This is Carlisle Companies’ 1st transaction in Canada.
  • This is Carlisle Companies’ 1st transaction in Alberta.

M&A Deal Summary
Date 2024-10-18
Target Plasti-Fab
Sector Building Materials
Buyer(s) Carlisle Companies
Sellers(s) The Riverside Company
Deal Type Add-on Acquisition
Deal Value 260M USD
Advisor(s) Houlihan Lokey (Financial)
Paul Hastings (Legal)

Target

Plasti-Fab

Calgary, Alberta, Canada
Plasti-Fab manufactures insulating building products and technologies that enable residential and commercial structures to be energy-efficient when used as components of a building envelope. Plasti-Fab was founded in 1968 and is headquartered in Calgary, Alberta.

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Buyer(S) 1

Buyer

Carlisle Companies

Scottsdale, Arizona, United States
Category Company
Founded 1917
Sector Manufacturing
Employees11,000
Revenue 4.6B USD (2023)
DESCRIPTION

Carlisle Companies is a diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, foodservice, healthcare and sanitary maintenance. Carlisle Companies was incorporated in 1917 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 39 of 40
Sector (Building Materials) 6 of 6
Type (Add-on Acquisition) 32 of 33
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2024) 2 of 3
Size (of disclosed) 7 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-18 MTL

Waukesha, Wisconsin, United States

MTL is a provider of pre-fabricated perimeter edge metal systems and non-insulated architectural metal wall systems for commercial, institutional, and industrial buildings. The company's portfolio is comprised of an assortment of complementary pre-fabricated edge metal products under the flagship brands of Metal-Era and Hickman. Its portfolio includes non-insulated aluminum composite material (ACM) architectural wall panels under the Citadel brand. MTL is based in Waukesha, Wisconsin.

Buy $410M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-23 ThermaFoam

Hillsboro, Texas, United States

ThermaFoam is a polystyrene insulation manufacturer. ThermaFoam was founded in 1978 and is based in Hillsboro, Texas.

Buy -

Seller(S) 1

SELLER

The Riverside Company

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.

DEAL STATS #
Overall 191 of 191
Sector (Building Materials) 8 of 8
Type (Add-on Acquisition) 82 of 82
State (Alberta) 1 of 1
Country (Canada) 6 of 6
Year (2024) 2 of 2
Size (of disclosed) 4 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-29 Townsend Group

Cleveland, Ohio, United States

Townsend Group provides global real estate and real asset investment advisory services. The company offers complementary asset management, advisory, and capital solutions to LPs and GPs via funds, secondaries, co-investments, and direct investments. It advises global public and private pension plans, insurers, sovereign wealth funds, endowments, and foundations. Townsend Group was established in 1983 and is based in Cleveland, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-28 Seatex

Rosenberg, Texas, United States

Seatex is a chemical provider of turnkey liquids and solids blending, toll manufacturing, and packaging services. The Company produces detergents, sanitizers, emulsifiers, additives, and other products for the energy, cleaning, agronomics, and industrial end markets. It operates two production locations outside of Houston, Texas with in excess of 500,000 square feet of manufacturing space. Seatex was formed in 1967 and is based in Rosenberg, Texas.

Buy -
Mergr

Product

Company

Legal