M&A
confidence high
sentiment positive
materiality 0.85
Gibraltar to acquire OmniMax for $1.335B; expects accretion and synergies
GIBRALTAR INDUSTRIES, INC.
- Purchase price of $1.335B in cash for OmniMax, a roofing accessories maker with expected 2025 adj. EBITDA of $110M.
- Transaction financed with $1.3B in new term loans and upsized $500M revolver from Bank of America, Wells Fargo, KeyBanc.
- Expected to close in H1 2026, subject to regulatory approval and customary conditions; termination fee of $55M payable by Gibraltar.
- Cost synergies of $35M expected by end of 2028; cash tax benefits of ~$100M; effective EBITDA multiple of 8.4x.
- Post-close leverage of 3.7x expected to delever to 2.0-2.5x within 24 months; accretive to adjusted EPS in first full year.