Lloyds Corporate Brokers is pleased to announce the successful acquisition of a well-established Australian supplier and distributor home, outdoor and commercial hardware, locks, and associated security solutions.
Recognised for product breadth, technical expertise, and reliable service, the business supports residential, commercial, and industrial projects nationwide. Its strong market position, diversified customer base, and resilient revenue profile reflect the underlying strength of the building products and security hardware sector.
The process generated interest from a range of qualified parties, including strategic industry participants and private investors.
The business was ultimately acquired by a private investor at a high EBITDA Multiple (without an earnout), underscoring the company's quality fundamentals and growth outlook.
Lloyds commenced the engagement with a business appraisal and then a targeted campaign that attracted over 110 qualified enquiries and multiple expressions of interest.
The acquisition was led by Geoffrey Tulett, Director - Lloyds Corporate Advisory (Mergers & Acquisition Specialist), working closely with the vendor to deliver a smooth transition and an optimal outcome for all parties.
Lloyds thanks the Vendor for their confidence and extends best wishes to the new owner as they continue the company's legacy of quality, reliability, and innovation within Australia's security and hardware industry.
If you own a business in the Hardware sector, talk with Lloyds Brokers on 1300 366 943 for advice on how to buy or sell your business. We have teams of brokers in Melbourne, Brisbane Brokers, Adelaide Brokers and Sydney Brokers.
