Myers Industries Acquires Signature Systems from Center Rock Capital for $350M
February 12, 2024
Myers Industries, Inc. has agreed to acquire Signature Systems, a Flower Mound, Texas-based manufacturer of composite matting and ground protection products, from Center Rock Capital Partners for approximately $350 million, subject to customary adjustments. The deal, expected to close in Q1 2024, complements Myers’ product portfolio and is expected to be accretive to earnings while capturing operational synergies and supporting growth in infrastructure and event markets.
- Buyers
- Myers Industries, Inc.
- Targets
- Signature Systems
- Sellers
- Center Rock Capital Partners, L.P.
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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