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.

Uppdrag

Företagsförsäljning

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.

Prata med transaktionsteamet

David M. Felts

Managing Director

Atlanta, USA
Oaklins TM Capital

Se profil Kontakta oss

John Dean

Associate Director

Atlanta, USA
Oaklins TM Capital

Se profil Kontakta oss

Matt Rosenthal

Associate Director

Atlanta, USA
Oaklins TM Capital

Se profil Kontakta oss

Dylan Finazzo

Associate

New York, USA
Oaklins TM Capital

Se profil Kontakta oss

Relaterade transaktioner

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

Bygg- & tekniktjänster

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.

Lär dig mer

Groupe JVS has completed an LBO with Capza and Bpifrance

Riskkapital | 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.

Lär dig mer

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Riskkapital | Bygg- & tekniktjänster

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.

Lär dig mer