Masterbrand to acquire supreme cabinetry brands, a manufacturer of premier cabinet brands

Beachwood, ohio--(business wire)--masterbrand, inc. (nyse: mbc, the “company,” or “masterbrand”), through its subsidiary masterbrand cabinets, llc, has agreed to acquire supreme cabinetry brands, inc. (“supreme”), a highly regarded cabinetry company, from ghk capital partners lp (“ghk”) for $520 million in cash. pre-synergies, the purchase price represents a multiple of approximately 8.9x supreme's adjusted ebitda1 for the twelve months ending march 31, 2024, inclusive of $25 million net presen.
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