BDO’s Global Mergers & Acquisitions team acted as lead adviser to Bilco, achieving an enterprise value of US$71 million which represents an adjusted trailing twelve EBITDA multiple of 8.8x.
Bilco is a leading provider of branded products for both the commercial and residential construction markets, manufacturing roof access hatches, floor access doors, automatic smoke vents and access safety products.
For Tyman, the acquisition is in line with the Group's strategy to develop and extend AmesburyTruth's product portfolio into the commercial sector through a combination of new product development and targeted acquisitions.
John Stephan, Co-head of M&A Building Products & Services sector team comments: "The transaction is an endorsement of our investment in building a global network of leading industry contacts and in-depth sector knowledge."