P&F Industries Buying Coffman Stairs

P&F Industries Inc. (Nasdaq:PFIN) has acquired substantially all of the assets of Coffman Stairs LLC, a Marion, Va.-based maker of wood and iron stair parts. The deal includes $4.5 million in cash, a $4 million note and the assumption of certain liabilities. The seller is Visador, a portfolio company of American Capital and Carousel Capital.

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