M&A Deal Summary

Founders East Acquires Alumitech

On November 8, 2023, private equity firm Founders East acquired building materials company Alumitech

Acquisition Highlights
  • This is Founders East’s 1st transaction in the Building Materials sector.
  • This is Founders East’s 2nd transaction in Canada.
  • This is Founders East’s 2nd transaction in Nova Scotia.

M&A Deal Summary
Date 2023-11-08
Target Alumitech
Sector Building Materials
Buyer(s) Founders East
Deal Type Buyout (LBO, MBO, MBI)

Target

Alumitech

Bedford, Nova Scotia, Canada
Alumitech provides building envelope solutions. Alumitech was founded in 1991 and is based in Bedford, Nova Scotia.

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Buyer(S) 1

Buyer

Founders East

Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 2 of 2
Sector (Building Materials) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Nova Scotia) 2 of 2
Country (Canada) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-04 Maritime Beauty

Halifax, Nova Scotia, Canada

Maritime Beauty Supply is a full-service professional beauty supply distributor for the Maritime provinces. Maritime Beauty Supply was founded in 1966 and is based in Halifax, Nova Scotia.

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