CSW Industrials Deploys Over $30 Million, Executing on Acquisition Strategy in HVAC/R and Plumbing End Markets, With Focus on Indoor Air Quality - Seite 2

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 earnings before interest, taxes, depreciation, and amortization (EBITDA).

The acquisition of Dust Free brings a family of IAQ products to CSWI that are designed to improve the quality of the air we breathe. Dust Free’s IAQ strategy integrates three levels of products to increase the overall air quality of a space: Filtration, Purification, and UV Inactivation. Through these differentiated products, Contractor Solutions expects to achieve incremental market penetration and positively impact the health of our customers.

In addition to Dust Free, CSWI also closed two small product line acquisitions, totaling $2.9 million, in the second fiscal quarter of 2024 for Guardian Drain Lock and Sure Grade Drain. These two acquisitions further expand the Company’s position in the plumbing end market. The Guardian Drain Lock portfolio offers tamper-proof locking floor sinks and floor drains designed for commercial use to protect unwanted debris from clogging and backing up plumbing lines and help to maintain a safe and hygienic environment. Sure Grade Drain was an IP acquisition for an innovative on-grade adjustable drain primarily used in commercial settings.

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