CSW Industrials, Inc. agreed to acquire Dust Free, LP for $27.4 million.
February 05, 2024 at 11:00 pm EST
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CSW Industrials, Inc. (NasdaqGS:CSWI) agreed to acquire Dust Free, LP for $27.4 million on February 6, 2024. The $27.4 million of capital for the acquisition of Dust Free, excluding future earn-outs, represents a valuation of approximately 7.5x Dust Free?s trailing twelve-month adjusted EBITDA. CSWI funded the transactions with cash on hand and borrowings under its existing $500 million revolving credit facility.
CSW Industrials, Inc. is a diversified industrial company with operations in three segments, namely Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions. The Contractor Solutions segment manufactures efficiency and performance enhancing products for residential and commercial heating, ventilation, air conditioning and refrigeration and plumbing applications, which are designed for professional end use customers. Its brands include Balco, Balco IllumiTread, Balco MetaflexPro and BlazeSeal. The Engineered Building Solutions segment provides primarily code-driven, life-safety products that are engineered to provide solutions for the construction, refurbishment and modernization of commercial, institutional and multi-family residential buildings. The Specialized Reliability Solutions segment manufactures and supplies specialized consumables that impart or enhance properties, such as lubricity, anti-seize qualities, friction, sealing, and heat control.
CSW INDUSTRIALS, INC. 
