Do it Best Acquires True Value Company

October 14, 2024

Do it Best Corp. has agreed to acquire substantially all of the business operations of True Value Company, with True Value initiating Chapter 11 proceedings to complete the sale. Do it Best will assume significant liabilities, acquire assets including inventory, brand rights and paint manufacturing facilities, and operate True Value as a separate subsidiary to support the network of roughly 4,500 independent retailers.

Buyers
Do it Best Corp.
Targets
True Value Company, L.L.C.
Sellers
True Value Company, L.L.C. and certain affiliates
Location
Illinois, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.