CSW Industrials, Inc. completed the acquisition of Dust Free, LP for $34.7 million.
February 06, 2024
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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. (NasdaqGS:CSWI) completed the acquisition of Dust Free, LP for $34.7 million on February 6, 2024. The consideration consist of $27.9 million of cash and contingent consideration initially measured at $6.8 million based on Dust Free meeting defined operational and financial targets over a period of six years.
CSW Industrials, Inc. is a diversified industrial company with operations in three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment manufactures efficiency and performance-enhancing products predominantly for residential and commercial heating, ventilation, air conditioning and refrigeration (HVAC/R) and plumbing applications, which are designed primarily for the professional trades. 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 multifamily residential buildings. The Specialized Reliability Solutions segment provides products for increasing the reliability, efficiency, performance and lifespan of industrial assets. The primary end markets it serves with its brands include HVAC/R, plumbing, general industrial, and others.
CSW INDUSTRIALS, INC. 
