# KPS Capital Partners to acquire Oldcastle BuildingEnvelope from CRH for $3.45B

KPS Capital Partners has signed a definitive agreement to acquire Oldcastle BuildingEnvelope Inc. from CRH plc for approximately $3.45 billion in cash. The transaction is expected to close in mid-2022.

- Type: Acquisition
- Announced: 2022-02-28
- Where: Dallas, Texas, United States
- Value: $3.45B
- Jobs: 6,700
- Status: announced
- Products: architectural hardware, glass and glazing systems, aluminum framing systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [KPS Capital Partners](https://endata.com/companies/1184.md) (acquirer)
- [CRH](https://endata.com/companies/15142.md) (partner)
- [Oldcastle BuildingEnvelope](https://endata.com/companies/48444.md) (target)
- [Prince International Corp.](https://endata.com/companies/54327.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/kps-capital-partners-to-acquire-oldcastle-buildingenvelope-inc-from-crh-plc-301491355.html), 2022-02-28: "We are thrilled to acquire North America's largest provider of architectural hardware, glass and glazing systems."
- [prnewswire.com](https://www.prnewswire.com/news-releases/kps-capital-partners-ubernimmt-oldcastle-buildingenvelope-inc-von-crh-plc-854843410.html), 2022-03-01: "Wir freuen uns sehr über die Übernahme von Nordamerikas größtem Anbieter von Baubeschlägen, Glas- und Verglasungssystemen."
- [peprofessional.com](https://peprofessional.com/2022/03/kps-pays-10-2x-on-buy-of-oldcastle/), 2022-03-10: "We are thrilled to acquire North America's largest provider of architectural hardware, glass and glazing systems."
- [prnewswire.com](https://www.prnewswire.com/news-releases/kps-capital-partners-to-acquire-the-porcelain-enamel-glass-coatings-and-forehearth-colorants-businesses-of-prince-international-corporation-301503976.html), 2022-03-16: "PEMCO presents a tremendous investment opportunity for KPS."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.