September 30, 2020
Croft & Bender Serves as Financial Advisor to Acousti Engineering in its Sale to Ardian
has been recapitalized by
Acousti is a leading subcontractor of interior finish solutions, specializing in acoustical ceilings and walls.
Acousti is a leading subcontractor of interior finish solutions specializing in acoustical ceilings and walls, which are often highly-customized and require significant subject matter expertise. The Company also provides a comprehensive set of other complementary interior finish installation services, including drywall and flooring. Acousti is the largest interior subcontractor in the Sunbelt and the sixth largest nationally.
Acousti's shareholders engaged Croft & Bender to advise the Company through an exclusive sale process. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process and negotiate with buyers.
Croft & Bender successfully negotiated the recapitalization of the Company with Ardian.