CSW Industrials agreed to acquire Duckt-Strip, an electrical cable product for HVAC mini-split installations, for USD 21 million. The deal was valued at about 7x Duckt-Strip’s trailing twelve-month EBITDA. CSW also made a USD 4.8 million minority investment in HVAC controls company Flair. The transactions were funded with cash on hand and borrowings under CSW’s revolving credit facility.
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