Csw industrials completes previously announced accretive, synergistic acquisition of aspen manufacturing

Dallas, may 01, 2025 (globe newswire) -- csw industrials, inc. (nasdaq: cswi) (the “company” or “csw”) today announced the company has completed the previously announced acquisition of aspen manufacturing for approximately $313.5 million in cash, utilizing cash on hand and borrowings under the existing $500 million revolving credit facility while maintaining sufficient liquidity and a strong balance sheet. the purchase price is approximately 11x aspen manufacturing's 2024 adjusted earnings before interest, taxes, depreciation, and amortization (ebitda) of $28.5 million.
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