VRA Partners Advises Reliance Worldwide Corporation Limited on its Acquisition of EZ-FLO International, Inc.

News VRA Partners Advises Reliance Worldwide Corporation Limited on its Acquisition of EZ-FLO International, Inc.

VRA Partners, LLC is pleased to announce that Reliance Worldwide Corporation Limited (“RWC”) (ASX:RWC) has acquired EZ-FLO International, Inc. (“EZ-FLO”), a leading manufacturer and distributor of plumbing supplies and accessories, for US$325 million.  VRA Partners acted as the exclusive financial advisor to RWC on the transaction.

RWC is a market leading manufacturer of water control systems and plumbing solutions for residential, commercial and industrial applications.  The RWC portfolio includes industry-leading brands such as SharkBite® push-to-connect plumbing solutions, HoldRite® engineered plumbing and mechanical solutions, Cash Acme® control valves and John Guest® fittings and fluid dispense products.

EZ-FLO is a leading manufacturer and distributor of plumbing supplies, including plumbing specialty products, appliance supply lines, flexible water connectors, gas connectors, and other accessories.  Established in 1980, EZ-FLO has grown rapidly by continuously expanding its product range.  In 2000, EZ-FLO acquired the EASTMAN brand which is the leading brand in large appliance connectors in the US.  EZ-FLO has a manufacturing facility located in the Ningbo Free Trade Zone in China and a network of seven distribution centers in the U.S.

VRA Partners, an independent investment bank based in Atlanta, GA, focuses on providing M&A services to leading public and middle-market companies and private equity firms.  VRA Partners also assists companies with raising capital for growth, acquisitions, recapitalization, going-private and management buy-out transactions, and provides fairness opinions, valuations and strategic advisory services.  The professionals of VRA Partners have transaction experience across a broad range of industry sectors, including consumer, business services, healthcare services and technology, industrial products and services, and technology and communications. VRA Partners, LLC is a Member FINRA/SIPC.  For more information, please visit our website at www.vrapartners.com.