Deal closed Nov 2025 · Dallas, Texas Verified
CSW Industrials Closes $650M Acquisition of MARS Parts
CSW Industrials, through its subsidiary RectorSeal, completed the acquisition of Dusk Acquisition Corporation and its subsidiaries Motors & Armatures and HVAC South (collectively MARS Parts) for a base purchase price of $650 million in cash, with an additional earn-out of up to $20 million. The deal was previously announced on October 1, 2025, and closed on November 4, 2025.
“On November 4, 2025, pursuant to the terms and conditions of the Purchase Agreement, RectorSeal purchased all of the issued and outstanding shares of common stock of Dusk Acquisition Corporation, a Delaware corporation (“Dusk”), and its wholly owned subsidiaries, Motors & Armatures, LLC, a Delaware limited liability company, and HVAC South, LLC, a Delaware limited liability company (collectively, “MARS Parts”), from the Seller for a base purchase price of $650 million in cash (the “Purchase Price”), subject to certain customary adjustments (the “Transaction”).”
Entities
CSW Industrials Inc. · Acquirer RectorSeal · Acquirer Dusk Acquisition Corporation · Target Dusk Intermediate Holdings II, LLC · Mentioned HVAC South, LLC · Target Motors & Armatures, LLC · Target
HVAC Sentiment: Neutral
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