About the Transaction
Paramax Corporation is pleased to announce the successful sale of RJ Watson, Inc. (www.rjwatson.com) to Afinitas, Inc. (www.afinitas.com), a portfolio company of BW Forsyth Partners (www.bwforsyth.com).
RJ Watson is a leading provider of engineered structural products and systems for the bridge, highway, and heavy construction industries. Specializing in bridge and structural bearings, seismic isolation devices, and expansion joints, RJ Watson has been a leader in providing highly-engineered products for over 30 years. With a strong focus on innovation, quality, and customer success, RJ Watson continues to set industry standards while contributing to the development of reliable and sustainable infrastructure worldwide.
The buyer, Afinitas, is a global leader in the design, manufacture, installation, and support of products and equipment to produce precast concrete and infrastructure products. Organized into three divisions: Equipment and Automation; Forming Systems and Concrete Accessories, the teams are committed to providing best-in-class solutions and service for customers around the world. Afinitas is part of BW Forsyth Partners, an investment group backed by the multi-billion-dollar global manufacturing and engineering consulting firm Barry-Wehmiller. The strategic acquisition of RJ Watson broadens Afinitas’ scope beyond its traditional precast concrete customer base and strengthens its position as a comprehensive provider in the global infrastructure market.
As the exclusive M&A advisor to RJ Watson, Paramax leveraged its extensive expertise in the manufacturing and infrastructure industry to achieve a successful outcome. For more information about this transaction or to discuss opportunities with Paramax, please contact our deal team.
