Add-on acquisition Apr 2022 Verified
AZZ Previously Acquired Steel Creek and DAAM Galvanizing
Prior to the Precoat deal, AZZ completed acquisitions of Steel Creek and DAAM Galvanizing, which contributed to its pro forma LTM revenue and adjusted EBITDA.
“Pro forma for the acquisitions of Steel Creek and DAAM Galvanizing, AZZ generated LTM 2/28/2022 revenue of $935 million and adjusted EBITDA of $165 million (17.6% margin).”
Entities
AZZ Inc. · Acquirer DAAM Galvanizing · Target Steel Creek · Target
Other Sentiment: Positive
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