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.

Servicio

M&A sell-side

Partes

“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.

Contáctese con el equipo de la transacción

David M. Felts

Director Ejecutivo

Atlanta, Estados Unidos
Oaklins TM Capital

Ver perfil Ponte en contacto

John Dean

Asociado Director

Atlanta, Estados Unidos
Oaklins TM Capital

Ver perfil Ponte en contacto

Matt Rosenthal

Asociado Director

Atlanta, Estados Unidos
Oaklins TM Capital

Ver perfil Ponte en contacto

Dylan Finazzo

Asociado

Nueva York, Estados Unidos
Oaklins TM Capital

Ver perfil Ponte en contacto

Transacciones relacionadas

Seed Environmental Group has been acquired by Celnor Group Limited

Servicios de Soporte Comercial | Servicios de Construcción e Ingeniería

Seed Environmental Group has been acquired by Celnor Group Limited

Environmental consultancy Seed Environmental Group joins testing, inspection, certification and compliance group Celnor.

Conozca más

Royal Reesink has sold Motrac Industries to Anders Invest

Private Equity | Maquinaria y Componentes Industriales

Royal Reesink has sold Motrac Industries to Anders Invest

Royal Reesink and Anders Invest have completed the sale of Motrac Industries, a specialist in hydraulic and electrical engineering.

Conozca más

Management and founders of Sansidor have successfully invested alongside IK Partners

Private Equity | Servicios de Soporte Comercial

Management and founders of Sansidor have successfully invested alongside IK Partners

IK Partners has signed an agreement to invest in Sansidor, a fast-growing testing, inspection and related services provider. IK is investing in the group alongside existing shareholders HC Partners, founders of Sansidor’s group companies and the current management team.

Conozca más