Gulf Atlantic Capital Directs Sale of Domestic Operations of Leading Commercial Mat Manufacturer Achieving Multiple of More than 10X Forward EBITDA
Kleen-Tex Industries, Inc.
LaGrange, Georgia
Gulf Atlantic Capital served as the investment banker to the company.
Gulf Atlantic Capital Provides Investment Banking Services to Kleen-Tex International in Successful Effort to Divest of U.S. Manufacturing Operations
Gulf Atlantic Capital was retained by the Company to pursue a sale of its U.S. manufacturing operations to provide for shareholder liquidity fund rapidly growing international business.
Directed targeted approach to strategic buyers. Developed analysis to demonstrate the value of a strategic merger and resulting operational efficiencies.
Approach generated a transaction value of more than 20X historical EBITDA and 10X projected EBITDA in an all cash transaction.
Led negotiations and directed due diligence efforts, closing the transaction within 120 days of initiating efforts.
