Carlisle Companies Acquires Henry Company for $1.575 Billion

Henry Company Acquires National Coatings Corporation

October 12, 2020

Building Products

Henry Company, a leader in building envelope systems, has agreed to acquire National Coatings Corporation, a Camarillo, California-based manufacturer of acrylic elastomeric commercial roof coating systems. The acquisition expands Henry’s roof restoration product portfolio (adding AcryShield, AcryPly and RenuWall) and strengthens its position in commercial roof restoration and energy-efficient weatherproofing across the U.S.

Carlisle Companies Acquires MTL Holdings from GreyLion Partners

March 18, 2024

Building Products

Carlisle Companies (NYSE: CSL) completed the acquisition of MTL Holdings from GreyLion Partners for $410 million in cash. MTL, a Waukesha-based manufacturer of prefabricated perimeter edge metal systems and non-insulated architectural wall panels (brands include Metal-Era, Hickman and Citadel), generated $132 million of revenue for the twelve months ended February 29, 2024; Carlisle expects ~$13 million of cost synergies and ~$0.60 of adjusted EPS accretion in the first full fiscal year.

Carlisle Companies Acquires MBTechnology, Inc.

February 1, 2022

Building Products

Carlisle Companies Incorporated (NYSE: CSL) has acquired MBTechnology, Inc. (MBT), a Fresno, California-based manufacturer of energy-efficient SBS modified bitumen roofing membranes and underlayment systems. MBT will join Carlisle Construction Materials within Carlisle Weatherproofing Technologies as a strategic bolt-on to expand product offerings, increase rolled-goods capacity and deepen Carlisle's presence in West Coast markets.

Carlisle Companies Acquires MicroConnex Corporation

April 15, 2019

Manufacturing

Carlisle Companies Incorporated (NYSE:CSL) has acquired MicroConnex Corporation, a Snoqualmie, Washington-based manufacturer of high-density interconnect solutions, and will integrate the business into its Carlisle Interconnect Technologies (CIT) operating segment. Cleary Gull acted as exclusive financial advisor to MicroConnex. The acquisition expands Carlisle's advanced manufacturing capabilities—including flexible printed circuits and laser micromachined components—to better serve medical device, sensor, and test & measurement OEM markets.

MTL Holdings Acquires Citadel Architectural Products

September 19, 2022

Building Products

MTL Holdings has acquired Citadel Architectural Products, adding Citadel’s composite panels and tested wall systems to MTL’s portfolio of building-envelope brands. The deal brings Citadel’s Indiana-based, ISO 9001-certified manufacturing capability and independent rep network into MTL’s family alongside Metal‑Era and Hickman Edge Systems to expand product offerings and single-source envelope solutions.

Carlisle Companies Acquires Plasti‑Fab (PFB's EPS Insulation Business)

October 18, 2024

Building Products

Carlisle Companies has completed the purchase of the expanded polystyrene (EPS) insulation segment of PFB Holdco, Inc. — comprised of the Plasti‑Fab and Insulspan brands — for approximately $259.5 million in cash. The business, headquartered in Calgary, Alberta with manufacturing operations in Canada and the U.S., expands Carlisle's EPS capabilities and geographic footprint and is expected to close in Q4 2024 (transaction announced as a sale by The Riverside Company / PFB).