RAF Industries has sold Steamist to Masco Corporation

Steamist, Inc., a portfolio company of RAF Industries Inc., has been sold to Masco Corporation (NYSE:MAS).

With a multi-decade brand heritage, Steamist is the leading provider of high-quality steam showers and luxury shower accessories sold under the Steamist®, EliteSteam™ and EliteShower™ brands. Based in East Rutherford, New Jersey, Steamist markets its products via an omni-channel approach unique to the industry, maximizing its brand reach and market presence.

With a market capitalization of over US$14 billion, Masco Corporation is a global leader in the design, manufacture and distribution of branded plumbing and decorative architectural products. Steamist represents its entry into the steam shower category.

RAF Industries is a Pennsylvania-based private investment firm focused on acquiring manufacturing and service-oriented businesses primarily in the consumer and industrial sectors.

One of Oaklins’ teams in the USA served as the exclusive financial advisor to Steamist, Inc., a portfolio company of RAF Industries Inc.

TRANSAKSJONSTYPE

M&A - Salg av virksomhet

Parter

“From start to finish, working with the team in Atlanta was a pleasure. We received the senior-level attention we were promised along with excellent input and execution at all levels. Their service included timely and on-point advice on market trends, information presentation and strategy, especially relating to our company’s growing direct-to-consumer sales efforts. We look forward to working with them in the future.”

Rick Horowitz

President and COO, RAF Industries Inc.

Kontakt ansvarlige rådgivere

David M. Felts

Managing Director

Atlanta, United States of America
Oaklins TM Capital

Se profil Ta kontakt med oss

John Dean

Associate Director

Atlanta, United States of America
Oaklins TM Capital

Se profil Ta kontakt med oss

Matt Rosenthal

Associate Director

Atlanta, United States of America
Oaklins TM Capital

Se profil Ta kontakt med oss

Dylan Finazzo

Associate

New York, United States of America
Oaklins TM Capital

Se profil Ta kontakt med oss

Relaterte transaksjoner

Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider

Private equity | Energi

Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider

Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.

Les mer

Soler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings

Private equity | Andre Bransjer

Soler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings

Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.

Les mer

Infotreasury has been sold to Matera

Private equity | Finansielle tjenester | TMT

Infotreasury has been sold to Matera

Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.

Les mer