GSW Building Products

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GSW Building Products - overview

Location

-, ON, Canada

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

GSW Building Products specializes in manufacturing diverse water heating solutions, focusing on electric and gas water heaters that prioritize energy efficiency and sustainability. GSW Building Products is a Canadian manufacturer of water heating solutions. Founded over 150 years ago, it operates from its headquarters in Canada. In December 2006, GSW was acquired by Euramax, a portfolio company of Goldman Sachs Private Equity Group.


The current CEO, Chris Louis, has been instrumental in steering the company towards innovative product offerings. GSW has received funding through one notable round, the ADD-ON round, which raised USD 11. 30 mn in December 2006 from OmniMax International, Inc. GSW Water Heaters Canada manufactures a broad range of water heating solutions, primarily electric and gas water heaters.


Their high-efficiency product line includes the Envirosense® series, designed to reduce energy consumption and enhance sustainability. GSW serves homeowners, contractors, and regional retailers, providing reliable systems for both residential and commercial markets, while focusing on reducing carbon footprints and lowering energy costs. GSW Water Heaters employs a B2B and direct-to-consumer model, distributing products through regional and national retailers. The flagship products, including the Polaris™ Gas Water Heater and the Connected Electric Water Heater, cater to consumers seeking efficiency and performance.


GSW’s pricing is tailored to the specific features of their offerings, supporting diverse consumer needs and budgets, while maintaining strong relationships with wholesalers and retailers. GSW Building Products plans to utilize the recent ADD-ON funding to support new product designs and launches aimed at enhancing their market presence. The company is targeting geographic expansion into new regions within Canada and the United States by the end of 2023. The recent funding will aid in developing innovative products that align with consumer demand for energy-efficient solutions.


Current Investors

OmniMax International, Inc.

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Household Appliances, Heating, Cooling & Ventilation Equipment and Services

Website

www.gsw-wh.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

GSW Building Products - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGSW Building Products-

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