tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Janus International expands self-storage footprint with Kiwi acquisition

Story Highlights
  • Janus acquired Kiwi II’s self-storage building assets for $97.2 million cash.
  • The deal broadens Janus’s North American building solutions while keeping leverage in target range.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Janus International expands self-storage footprint with Kiwi acquisition

Claim 70% Off TipRanks Premium

Janus International Group ( (JBI) ) just unveiled an update.

On January 8, 2026, Janus International Group, through its subsidiary Janus International Group, LLC, acquired substantially all assets of Kiwi II Construction Inc., Kiwi II East Inc. and Metal Tech Inc., businesses focused on designing, supplying and constructing self-storage facilities and related steel components, for approximately $97.2 million in cash, implying an around 5x multiple of adjusted EBITDA including expected synergies and tax benefits. The deal, which keeps Kiwi II’s CEO and COO in place and includes multi-year restricted stock unit awards to certain former owners, is expected to expand Janus’s self-storage building solutions offering, deepen its services to owner-operators and general contractors across North America, and maintain the company’s net leverage within its stated 2.0x–3.0x long-term target range, reinforcing its strategic push into the self-storage building segment that began with the 2019 acquisition of BETCO, Inc.

The most recent analyst rating on (JBI) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Janus International Group stock, see the JBI Stock Forecast page.

Spark’s Take on JBI Stock

According to Spark, TipRanks’ AI Analyst, JBI is a Neutral.

Janus International Group’s overall stock score reflects a combination of mixed financial performance, bearish technical indicators, and a moderate valuation. The company’s improved leverage and cash flow resilience are positive, but declining revenue and profit margins pose challenges. Technical analysis indicates a downtrend, while the earnings call presents a balanced outlook with both strengths and weaknesses. The lack of a dividend yield further tempers the stock’s appeal.

To see Spark’s full report on JBI stock, click here.

More about Janus International Group

Janus International Group, Inc. is a leading global manufacturer and supplier of turnkey self-storage, commercial and industrial building solutions, including self-storage buildings, roll-up and swing doors, commercial and rolling steel doors, hallway systems, relocatable storage units, and smart security and locking technologies, serving customers across North America and other international markets.

Average Trading Volume: 1,562,290

Technical Sentiment Signal: Sell

Current Market Cap: $959.3M

For an in-depth examination of JBI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1