Add-on acquisition Jul 2005 · Jacksonville, Fla. / Fairfield, Iowa
Interline Brands acquires Copperfield (CCS Enterprises) for $70 million
MRO distributor Interline Brands acquired Copperfield, a national distributor of specialty ventilation and chimney maintenance products, for $70 million funded with senior debt including a new $50 million term loan. The deal fits Interline's stated strategy of acquiring leadership businesses in residential repair markets.
“Interline Brands Inc., a national distributor and direct marketer of maintenance, repair, and operations (MRO) products, announced that it has acquired Copperfield (CCS Enterprises Inc.), a national distributor and direct marketer of specialty ventilation and chimney maintenance products. Headquartered in Fairfield, Iowa, Copperfield's annual sales for its fiscal year ending November 2004 were $41 million.”
Entities
Copperfield (CCS Enterprises Inc.) · Target Interline Brands Inc. · Acquirer
HVAC
Source: www.achrnews.com
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