Gibraltar Industries, Inc. has announced its acquisition of OmniMax International for $1.335 billion. The acquisition is expected to significantly enhance Gibraltar's position in the building products market, with anticipated immediate accretion to EBITDA margin and cash flow. The purchase price represents an effective multiple of 8.4x based on OmniMax’s expected 2025 adjusted EBITDA.
Omnimax, a leader in residential roofing accessories and rainware solutions, is expected to contribute adjusted net sales of $565 million and adjusted EBITDA of $110 million in 2025. The acquisition is aimed at expanding Gibraltar's presence in the residential building products segment, with the residential business expected to generate over 80% of the company’s revenue and adjusted EBITDA post-acquisition.
The transaction is projected to deliver $35 million of cost synergies and approximately $100 million of cash tax benefits, further enhancing shareholder value creation. It is also expected to drive stronger cash flow, significant cost synergies, and improved working capital to support deleveraging.
Gibraltar has secured committed financing from Bank of America, Wells Fargo, and KeyBanc Capital Markets for the transaction in the form of up to $1.3 billion in new term loan facilities and an upsized $500 million revolving credit facility.
The acquisition, subject to customary closing conditions and regulatory approvals, is anticipated to close in the first half of 2026. Advisors for the transaction include Perella Weinberg and BofA Securities serving as Gibraltar’s financial advisors, while Wachtell, Lipton, Rosen & Katz is serving as Gibraltar’s legal counsel. Rothschild & Co. is serving as OmniMax’s financial advisor, with Paul, Weiss, Rifkind, Wharton & Garrison LLP acting as OmniMax’s legal counsel.
As a result of these announcements, the company's shares have moved 0.25% on the market, and are now trading at a price of $59.15. For more information, read the company's full 8-K submission here.
