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Gladstone Place Partners reps Weber Inc.’s special committee of the board that has agreed to be take the outdoor grill maker private via a buyout by BDT Capital Partners.
The transaction implies a $3.7B enterprise value for Weber.
The committee deemed acceptance of BDT Capital’s $8.05 per share offer, which represents a 60 percent premium over Weber’s closing stock price prior to the announcement of the deal, to be in the best interest of shareholders.
BDT has been a long-time strategic partner with Weber, which is the leading grill marketer in the US, Germany, Australia, Canada and France.
Weber went public in 2021 with media support from Brunswick Group.
Gladstone Place Partners Steve Lipin and Felipe Ucros represent Weber’s special committee.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
