E.T. Horn acquired by Imcd

UNITED STATES B2B Specialized Distribution REV $250–500M

Context

IMCD signed an agreement to acquire 100% of E.T. HORN Company, purchasing all outstanding shares. The acquisition strengthens IMCD's US operations by adding HORN's established West and Southwest regional presence to its existing national platform, moving IMCD closer to full national US coverage with dedicated segment expertise. The transaction is financed from IMCD's available cash and existing credit facilities.

E.T. Horn, which reported an EBITDA margin of [members only] in 2017, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.5x in 2026).

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Target

E.T. HORN Company is a US-based specialty chemicals and ingredients distributor founded in 1961, operating primarily in the West and Southwest regions of the United States. The company acts as a representative of specialty chemical and ingredient suppliers across a broad range of end markets including coatings, construction, plastics, personal care, human food and nutrition, animal nutrition, nutraceuticals, and other specialties. HORN operates with a head office in La Mirada, California and employs approximately 200 people. The company has built a strong reputation as a leading regional specialty distributor with deep customer relationships, dedicated segment expertise, and an established supplier network across its core geographies.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2017

2016

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REFERENCES

Revenue range: REV $250–500M

EBITDA range: $5–25M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of E.T. Horn by Imcd are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

FAQ

What transaction does this page cover?

This page covers Imcd’s acquisition of 100% of E.T. Horn, an American company specialised in B2B Specialized Distribution, in 2018.

What were E.T. Horn’s revenue and EBITDA at the time of the deal?

At the time of the transaction, E.T. Horn generated annual revenue estimated in the $250–500M range and EBITDA in the $5–25M bracket (FY 2017). Detailed financial figures are available to members.

How does the valuation of E.T. Horn compare to benchmarks in the Business Services sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. By way of comparison, in 2026 companies in the Business Services sector are valued at a multiple of 11.5x EBITDA.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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