PFB Corporation has been acquired by The Riverside Company
December 2021 — The private shareholders of PFB Corporation (TSX:PFB) (PFB) have sold the company to The Riverside Company, a US-based private equity sponsor.
PFB, based in Calgary, Canada, is the largest and only vertically integrated EPS producer in North America, with a proven management team, broad geographic footprint, innovative products and brands addressing major end-markets, and a history of successful strategic acquisitions. PFB has developed leading brands in each of its product categories and markets. These include insulation products (Plasti-Fab), insulating concrete forms (Advantage ICF), geofoam blocks, structural components consisting of foam insulation core encased between wood boards to create structural insulated panels or SIPs (Insulspan), and design and project management of custom homes that incorporate the company’s EPS insulation and SIPs (PrecisionCraft, Riverbend and PointZero). PFB building products are used in both new and renovation markets in residential, commercial, industrial and infrastructure projects.
The Riverside Company is a global investment firm focused on being one of the leading private capital options for investors, business owners and employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 800 investments. The firm’s international private equity and structured capital portfolios include more than 140 companies.
Our role in the transaction
Oaklins’ team in Los Angeles acted as the exclusive financial advisor to PFB.
Talk to the deal team
Jeremiah Mann
Oaklins Intrepid
Eduard Bagdasarian
Oaklins Intrepid
Ana Alvarenga
Oaklins Intrepid
Kyle Kearney
Oaklins Intrepid
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more