Csw industrials deploys $40 million of acquisition capital in contractor solutions segment

Investment highlights capital investment of $40 million for acquisition of psp products, inc., which offers a diverse line of surge protection devices and industry leading load management systems valuation represents approximately 5.0x psp products' trailing twelve-months' ebitda expected to be accretive to earnings per share in the first full year of ownership $647mm of cumulative acquisition capital investment since going public in october 2015 dallas, aug. 06, 2024 (globe newswire) -- csw industrials, inc. (nasdaq: cswi) today announced the strategic acquisition of psp products, inc. (“psp”), deploying $40 million. this acquisition further demonstrates the company's commitment to allocate capital to leverage our powerful hvac/r distribution channel to extend our offering of products to our customers.
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