Go to deals
Construction & Engineering Services | Other Industries

Arran Isle Limited has sold LaSalle Bristol, LP to Patrick Industries, Inc.

Arran Isle Limited has sold LaSalle Bristol, LP to Patrick Industries, Inc. (NasdaqGS: PATK) for US$54 million.

LaSalle Bristol, the North American operations of Arran Isle, is a premier supplier of value-added plumbing, flooring, HVAC, exterior, lighting and other products tailored to the manufactured housing (MH) and recreational vehicle (RV) markets. Additionally, the company operates a retail flooring outlet. It distributes its products through a network of facilities in the United States.

Patrick, with revenues of over US$2 billion, is a major manufacturer and distributor of building products serving the RV, marine, MH and other industrial markets.

Arran Isle is a UK-based designer, marketer and distributor of branded building products for the architectural and fenestration hardware markets. The company serves housing, commercial building, health, education, and RV industries in North America, the United Arab Emirates, Europe, the Middle East, China and internationally.

One of Oaklins’ teams in the USA served as the exclusive financial advisor to Arran Isle Limited in this transaction.

Service
M&A sell-side
Parties
“For 30 years, the team has advised Arran Isle on strategic transactions. We selected them to manage the divestiture of our US operations not just because of this relationship, but also their sector knowledge, and critically, their value realization proposition. They were with us every step of the way and did a great job throughout, ultimately delivering a strong value on the time schedule set forth at the outset of the process. The team managed communication and negotiations with professionalism and vigor. The team’s industry knowledge, attention to detail and total immersion in every aspect of the transaction were truly impressive. We sincerely appreciate their efforts and the result they achieved for us.

Martin Wardhaugh

Group Chief Executive, Arran Isle Limited

Talk to the deal team

 Paul R. Smolevitz

Paul R. Smolevitz

Managing Director

New York, United States
Oaklins TM Capital
 David M. Felts

David M. Felts

Managing Director

Atlanta, United States
Oaklins TM Capital
 Vidur  Kapur

Vidur Kapur

Associate Director

New York, United States
Oaklins TM Capital

Related deals

SIT S.p.a. has acquired Janz CGF S.A.
Energy | Industrial Machinery & Components | Other Industries

SIT S.p.a. has acquired Janz CGF S.A.

SIT S.p.A. has completed the acquisition of 100% of Janz-Contagem e Gestão de Fluídos S.A. (Janz), a consolidated Portuguese player specialized in manufacturing residential water meters. The price, excluding cash and debt, amounts to US$34.3 million. An earn-out of up to US$1 million is also stipulated on the basis of achieving certain targets in 2021.

Learn more
Blue Equity is partnering with Bang & Beenfeldt
Private Equity | Construction & Engineering Services

Blue Equity is partnering with Bang & Beenfeldt

The private shareholders of Bang & Beenfeldt A/S have sold the company to Blue Equity, with a subsequent reinvestment in the new company.

Learn more
Oré Peinture has been acquired by Geveko Markings, the European leader in the road marking sector
Construction & Engineering Services | Industrial Machinery & Components

Oré Peinture has been acquired by Geveko Markings, the European leader in the road marking sector

Oré Peinture has been acquired by Geveko Markings AB. This is the biggest acquisition in Geveko Markings’ almost 100-year history and customers of the combined entity will benefit from an enhanced solutions offering and a broader product range.

Learn more