Team Wendy Sold to Avon Rubber for $130 Million
The acquisition price represents a multiple of 9.7x 2019’s EBITDA of $13.4 million for the family-owned company, which makes helmets for climbing, military and first responders. Revenues were $44.2 million last year. Team Wendy will operate under Avon Rubber’s Avon Protection ... Log in to view full article.