KPS Capital Partners Acquires Oldcastle BuildingEnvelope from CRH plc
February 28, 2022
KPS Capital Partners agreed to acquire Oldcastle BuildingEnvelope Inc. (OBE) from CRH plc for approximately $3.45 billion in cash, with the transaction announced Feb 28, 2022 and completed Apr 29, 2022. OBE, headquartered in Dallas, Texas, is a vertically-integrated manufacturer, fabricator and distributor of architectural hardware, glass and glazing systems with over 6,700 employees and a broad North American footprint; KPS said it will invest in commercial and operational improvements to drive growth.
- Buyers
- KPS Capital Partners
- Targets
- Oldcastle BuildingEnvelope Inc.
- Sellers
- CRH plc
- Industry
- Building Products
- Location
- Texas, United States
- Transaction Type
- Buyout
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