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.

DIENSTLEISTUNG

Verkauf

PARTEIEN

«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.

Sprechen Sie mit dem Deal Team

David M. Felts

Managing Director

Atlanta, Vereinigte Staaten
Oaklins TM Capital

Kurzprofil Kontakt aufnehmen

John Dean

Associate Director

Atlanta, Vereinigte Staaten
Oaklins TM Capital

Kurzprofil Kontakt aufnehmen

Matt Rosenthal

Associate Director

Atlanta, Vereinigte Staaten
Oaklins TM Capital

Kurzprofil Kontakt aufnehmen

Dylan Finazzo

Associate

New York, Vereinigte Staaten
Oaklins TM Capital

Kurzprofil Kontakt aufnehmen

Transaktionen

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

Bauwirtschaft

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

RH Marine and Bakker Sliedrecht have been acquired by VINCI Energies. With this transaction, VINCI Energies will gain market position in the Dutch maritime sector and strengthen its industrial portfolio.

Mehr erfahren

Jeco Energies has sold a significant minority interest to NPM Capital

Private Equity | Energie

Jeco Energies has sold a significant minority interest to NPM Capital

NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.

Mehr erfahren

Groupe JVS has completed an LBO with Capza and Bpifrance

Private Equity | TMT

Groupe JVS has completed an LBO with Capza and Bpifrance

The shareholders of Groupe JVS have completed an LBO with Capza and BpiFrance. Parquest sold their shares after partnering with the organization for three years. Groupe JVS’s management team will increase its ownership and remain as the majority shareholder of the group, alongside CAPZA and Bpifrance.

Mehr erfahren