{"id":678,"date":"2019-03-25T17:28:29","date_gmt":"2019-03-25T17:28:29","guid":{"rendered":"https:\/\/murphybusiness.com\/news\/?p=678"},"modified":"2019-03-25T17:32:14","modified_gmt":"2019-03-25T17:32:14","slug":"murphy-business-advises-water-tite-solution-inc-in-strategic-acquisition","status":"publish","type":"post","link":"https:\/\/murphybusiness.com\/news\/murphy-business-advises-water-tite-solution-inc-in-strategic-acquisition\/","title":{"rendered":"Murphy Business Advises Water-Tite Solution, Inc. in Strategic Acquisition"},"content":{"rendered":"

\n\tCompletes Deal with Installed Business Products, Inc.<\/em><\/strong><\/span>
\n<\/h3>\n

\n\tCLEARWATER, Fla.<\/strong> – Murphy Business & Financial Services LLC in Clearwater announced today that it has successfully advised Tampa-based Water-Tite Solution, Inc. through a strategic acquisition. Columbus, Ohio-based Installed Building Products, Inc. (IBP), an industry-leading provider of insulation and complementary building products, acquired the commercial and residential waterproofing business, adding to its diversified portfolio of businesses providing building materials and services. \n<\/p>\n

\n\tThe mutually beneficial transaction positions newly formed Alpha Water-Tite Solution to grab a larger share of the growing waterproofing solutions sector (Alpha Insulation and Waterproofing is a subsidiary of Installed Building Products that was acquired nearly two years ago).\n<\/p>\n

\n\tTo ensure a fulfilling acquisition process, Water-Tite Solution engaged Murphy Business – Clearwater to advise in the negotiations. Shán O’Keeffe, Executive Vice President – Murphy Valuation Services LLC, and Carole Akers-Harrison, Senior Business Broker and Project Director closely counseled Water-Tite Solution from start to finish. O’Keeffe and Akers-Harrison each have more than 20 years of experience in their respective fields.\n<\/p>\n

\n\t“We’re so excited about this acquisition and what it means for both companies,” said O’Keeffe. “It’s great that we were able to complete a deal that made both sides enthusiastic about the future of Alpha Water-Tite Solution,” added Akers-Harrison. “This deal serves as a perfect example of our teamwork and dedication to close important acquisitions.”\n<\/p>\n

\n\tMurphy Business & Financial Services LLC – Clearwater is the local office for Clearwater, Fla.-based Murphy Business & Financial Corporation, a full-service business advisory firm, which facilitates business sales, purchases, consulting, valuations, mergers and acquisitions. For more information, call Shán O’Keeffe or Carole Akers-Harrison at (727) 725-7090, or email s.okeeffe@Murphybusiness.com<\/a> or c.akers@Murphybusiness.com<\/a>.\n<\/p>\n

\n\t \n<\/p>\n

\n\tAbout Murphy Business & Financial Corporation LLC<\/strong>
\n\tClearwater, Florida-based Murphy Business & Financial Corporation LLC is a full-service business brokerage firm facilitating business sales, purchases, consulting, valuations, mergers and acquisitions. Closing deals at a higher ratio than the business brokerage industry average, several accolades have been bestowed upon the company including appearing as a “Top 50 Franchise” according to Franchise Business Review<\/em>.\n<\/p>\n

\n\t <\/p>\n","protected":false},"excerpt":{"rendered":"

Completes Deal with Installed Business Products, Inc. CLEARWATER, Fla. – Murphy Business & Financial Services LLC in Clearwater announced today that it has successfully advised Tampa-based Water-Tite Solution, Inc. through a strategic acquisition. Columbus, Ohio-based Installed Building Products, Inc. (IBP), an industry-leading provider of insulation and complementary building products, acquired the commercial and residential waterproofing business, adding to … Continue reading “Murphy Business Advises Water-Tite Solution, Inc. in Strategic Acquisition”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-678","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/posts\/678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/comments?post=678"}],"version-history":[{"count":1,"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/posts\/678\/revisions"}],"predecessor-version":[{"id":679,"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/posts\/678\/revisions\/679"}],"wp:attachment":[{"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/media?parent=678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/categories?post=678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/murphybusiness.com\/news\/wp-json\/wp\/v2\/tags?post=678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}