M&A Deal Summary

Versare Solutions Acquires EverBlock Systems

On November 16, 2020, Versare Solutions acquired building materials company EverBlock Systems

Acquisition Highlights
  • This is Versare Solutions’ 1st transaction in the Building Materials sector.
  • This is Versare Solutions’ 1st transaction in the United States.
  • This is Versare Solutions’ 1st transaction in New York.

M&A Deal Summary

Date 2020-11-16
Target EverBlock Systems
Sector Building Materials
Buyer(s) Versare Solutions
Deal Type Add-on Acquisition

Target

EverBlock Systems

New York, New York, United States
EverBlock Systems LLC is a provider of modular room partitions, building blocks, and flooring. EverBlock’s portfolio of modular systems is designed for rapid deployment and easy installation. Its EverPanel and EverBlock product lines are used to build temporary and permanent walls, room dividers, and decor in a wide range of settings. The EverBlock Flooring line offers modular, interlocking flooring modules for events, tents, ice rinks, and more. EverBlock Systems was founded in 2015 and is based in New York City.

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Buyer(S) 1

Buyer

Versare Solutions

Minneapolis, Minnesota, United States

Category Company
Founded 2006
Sector Furniture
DESCRIPTION

Versare Solutions a manufacturer and e-commerce-based marketer of branded space efficiency and acoustical products. The company offers portable room partitions, privacy screens, workstations, and sound dampening products for use in a wide variety of applications and settings including schools, religious organizations, and healthcare facilities. Its branded products are manufactured at its Minneapolis headquarters and customizable to suit the needs of a highly diverse customer base. Versare Solutions was founded in 2006 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 2
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-19 Screenflex Portable Partitions

Zurich, Illinois, United States

Screenflex Portable Partitions is a manufacturer of portable room dividers and an innovator in the space-efficiency industry. Screenflex Portable Partitions was founded in 1988 and is based in Zurich, Illinois.

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