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-0.0522263140274523 -0.0626046200200871 -0.0626046200200871 -0.0460328088382993 -0.0244392366923335 -0.0373284231670573 -0.0458654168061601 -0.0458654168061601
Stock impact report

Gibraltar to Acquire OmniMax International for $1.335 Billion

Gibraltar Industries, Inc. (ROCK) 
Last gibraltar industries, inc. earnings: 2/28 07:30 am Check Earnings Report
Company Research Source: Business Wire
Combination significantly enhances Gibraltar’s position in building productsExpected to be immediately accretive to EBITDA margin and cash flow$35 million of expected cost synergies and approximately $100 million of cash tax benefits expected as part of purchase for an effective adjusted EBITDA multiple of 8.4x BUFFALO, N.Y.--(BUSINESS WIRE)--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the residential, agtech, and infrastructure markets, today announced that it has reached an agreement to acquire OmniMax International (“OmniMax”) from funds managed by Strategic Value Partners, LLC and its affiliates (together “SVP”) for a cash purchase price of $1.335 billion. OmniMax is a leader in residential roofing accessories and rainware solutions with expected 2025 adjusted net sales of $565 million and adjusted EBITDA of $110 million. The purchase price represents an effective multiple of 8.4x based on OmniMax’s expected 2025 a Show less Read more
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