Strategic Acquisitions
Disciplined M&A to Enhance Our Building Envelope Businesses
A Drexel Metals roof on the Hershey Gardens Conservatory, Hershey Gardens, PA
$8 Billion
Revenue
20%
Operating margins
15%
ROIC
A Decade of Acquisitions
Click on a company to learn more
2021
2017-2019
2017
Asset Overview
Total Addressable Market
Expected Market Growth
Highlights
Exceeded target $30M synergies
Attractive secular growth given spray foam’s higher insulation properties
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COS continues to drive margin expansion
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Integration into CWT segment underway
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Taking share in highly fragmented market
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Expanding geographic reach
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Expanding ~20% EBITDA margin
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Excellent complement to energy-efficient solutions
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Achieving both cost and revenue synergies with core single-ply roofing operations
Spray Foam Insulation
Growing High-Single Digit
$4B market
Architectural Metal
$5B market
Growing Mid-Single Digit
Weatherproofing Technologies
$5B market
Growing Mid-Single Digit
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Synergies ahead of $30M target
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EPS accretion now $1.50+, above initial $1.25 target
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Henry established new Weatherproofing Technologies (CWT) segment
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Seeking complementary M&A
Our Approach to M&A
M&A Criteria
Our Approach to M&A
Carlisle's well-defined M&A playbook will continue to drive significant returns on deals and provide a strategic competitive advantage.
We aim to maximize value creation by employing a disciplined integration process while ensuring acquisition targets align strategically, leveraging our M&A playbook, and adhering to our key M&A investment criteria.
Our Approach to M&A
Recent History
Results
M&A Criteria
A solid organic growth story already underway in the target company
A talented management team
Identified and meaningful cost synergies
The ability to add value through integration with our proven M&A playbook
M&A Criteria
Recent History
Since 2008, we have deployed over $6 billion into over 30 acquisitions.
During that time, we have evolved our strategy from one prioritizing diversification to weather varying cycles and ensure consistent growth, to one that applies a returns-based focus to capital deployment.
Recent History
Results
We continue to simplify our portfolio under Vision 2025. The 2021 acquisition of Henry Company and divestiture of Brake & Friction are consistent with Carlisle's Vision 2025 strategy to streamline the portfolio with a focus on investing in high returning assets and to generate in excess of $15 of earnings per share.
Results
