Altus Capital Partners today announced the closing of the sale of The D.S. Brown Company, a leading provider of safety-critical transportation infrastructure products, to Gibraltar Industries, Inc. ROCK, a manufacturer and distributor of products for building and industrial markets. It was Altus' second sale of a portfolio company to a public company in less than a year. The transaction was valued at $96 million.
Altus acquired D.S. Brown, based in North Baltimore, Ohio, in 2008 in a partnership with company management and other investors. During the 28 months of Altus's ownership, D.S. Brown increased its revenues by 35% and its EBITDA by 133%.
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