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The Riverside Company Signs Definitive Agreement to Sell Its PFB Insulation Products Business to Carlisle Companies

The Riverside Company Signs Definitive Agreement to Sell Its PFB Insulation Products Business to Carlisle Companies

The Riverside Company, a global investment firm focused on the smaller end of the middle market, together with its portfolio company PFB Corporation, announces the firm has signed a definitive agreement to sell PFB’s Plasti-Fab and Insulspan business units to Carlisle Companies Incorporated. The sale price for the business is approximately USD $260 million, and the transaction is expected to close in Q4 2024.

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