CSW Industrials Deploys $40 Million of Acquisition Capital in Contractor Solutions Segment
CSWICSW Industrials(CSWI) Newsfilter·2024-08-06 20:30

Investment Highlights Capital investment of 40millionforacquisitionofPSPProducts,Inc.,whichoffersadiverselineofsurgeprotectiondevicesandindustryleadingloadmanagementsystemsValuationrepresentsapproximately5.0xPSPProducts′trailingtwelve−months′EBITDAExpectedtobeaccretivetoearningspershareinthefirstfullyearofownership40 million for acquisition of PSP Products, Inc., which offers a diverse line of surge protection devices and industry leading load management systemsValuation represents approximately 5.0x PSP Products' trailing twelve-months' EBITDAExpected to be accretive to earnings per share in the first full year of ownership647MM of cumulative acquisition capital investment since going public in October 2015 DALLAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. ...