Gibraltar Industries to acquire OmniMax International for $1.34B, sees accretion

Gibraltar Industries (ROCK) announced that it has reached an agreement to acquire OmniMax International from funds managed by Strategic Value Partners and its affiliates for a cash purchase price of $1.34B. OmniMax expects 2025 adjusted net sales of $565M and adjusted EBITDA of $110M. The purchase price represents an effective multiple of 8.4x based on OmniMax’s expected 2025 adjusted EBITDA, run rate cost synergies of $35M, and cash tax benefits of approximately $100M. Following completion of the acquisition, Gibraltar’s Residential business is expected to generate over 80% of the company’s revenue and adjusted EBITDA. The acquisition is expected to deliver immediate EBITDA margin accretion for Gibraltar and create sizeable scale for a high performing building products business, bringing with it $35M of cost synergies expected by the end of 2028. The transaction will be accretive to Gibraltar’s adjusted EPS in the first fiscal full year post close. Gibraltar has in place committed financing from Bank of America, Wells Fargo and KeyBanc Capital Markets to finance the transaction in the form of up to $1.3B new term loan facilities and an upsized $500M revolving credit facility. The acquisition of OmniMax is structured as an acquisition by Gibraltar of all of the outstanding equity interests of OmniMax held by SVP. The acquisition, which has been unanimously approved by Gibraltar’s board of directors, is expected to close in the first half of 2026, subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals. No vote of Gibraltar’s shareholders is required to approve the transaction.