1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Connecticut >
  6. RH Acquires Waterworks

M&A Deal Summary

RH Acquires Waterworks

On April 12, 2016, RH acquired building materials company Waterworks from Hawthorn Equity Partners for 117M USD

Acquisition Highlights
  • This is RH’s 1st transaction in the Building Materials sector.
  • This is RH’s largest (disclosed) transaction.
  • This is RH’s 1st transaction in the United States.
  • This is RH’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2016-04-12
Target Waterworks
Sector Building Materials
Buyer(s) RH
Sellers(s) Hawthorn Equity Partners
Deal Type Add-on Acquisition
Deal Value 117M USD

Target

Waterworks

Danbury, Connecticut, United States
Waterworks is a designer, manufacturer and marketer of complete bathroom solutions to the high-end luxury market. Waterworks was founded in 1978 and is based in Danbury, Connecticut.

Search 206,010 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

RH

Corte Madera, California, United States
Category Company
Founded 2011
Sector Retail
Employees5,330
Revenue 3.2B USD (2025)
DESCRIPTION
Restoration Hardware's corporate headquarters in Corte Madera, California.
Restoration Hardware's corporate headquarters in Corte Madera, California.

RH is a retailer of home furnishings, bath fixtures and bathware, functional and decorative hardware, gifts and related merchandise. RH was founded in 2011 and is based in Corte Madera, California.

DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Hawthorn Equity Partners

Chicago, Illinois, United States
Category Private Equity Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

Hawthorn Equity Partners is a private equity firm focused on investing in growth-oriented, middle-market companies across North America. Hawthorn does not have any sector preferences and will invest in a variety of situations or business stages. Transaction situations include companies in need of growth capital, recapitalizations, family successions, special situations, carve-outs, and consolidations. Hawthorn Equity Partners is based in Chicago.

DEAL STATS #
Overall 5 of 10
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 7
State: Connecticut M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2016 M&A 2 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-06 Solace Systems

Ottawa, Ontario, Canada

Solace Systems provides market-leading technology for real-time, event-based movement of data. Solace’s proprietary ‘event mesh’ platform securely and reliably moves event data into, out of, and across enterprise applications. Solace Systems was founded in 2001 and is based in Ottawa, Ontario.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-07 PriceMetrix

Toronto, Ontario, Canada

PriceMetrix is a consulting firm that provides analytical tools to the financial brokerage market. PriceMetrix was founded in 2000 and is based in Toronto, Ontario.

Sell -
Mergr

Product

Company

Legal