PolyOne Corporation (NYSE:POL) acquired Fiber-Line Inc. from Ironwood Capital, Taglich Private Equity, LLC and others for approximately $150 million on January 2, 2019. Total consideration consists of $152.7 million, net of cash acquired, inclusive of contingent consideration and excluding working capital adjustment. The contingent earn-out consideration will pay over a two-year period. Fiber-Line has annual sales of approximately $100 million. Dale Outhous, Chief Executive Officer of Fiber-Line and management team will join PolyOne. The transaction is expected to be immediately accretive to earnings per share. Ben Stulberg and James Dougherty of Jones Day acted as legal advisors to PolyOne Corporation.