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FOR IMMEDIATE RELEASE : Exhibit 99.1 CONTACT : Geoff High , Vice President of Investor Relations 303-604-3924 DMC GLOBAL TO ACQUIRE 60 % CONTROLLING INTEREST IN ARCADIA INC . Addition of Leading Architectural Building Products Manufacturer to Significantly Expand DMC's Addressable Market Acquisition Expected to be Accretive to Earnings in 2022 ; Will Double DMC's Consolidated Annual Sales to Nearly $ 500 Million , Enhance Gross Margin BROOMFIELD , Colo . - December 17 , 2021 - DMC Global Inc. ( Nasdaq : BOOM ) , a diversified holding company , has signed a definitive agreement to acquire a 60 % controlling interest in privately held Arcadia Inc. for $ 282.5 million in cash and DMC stock . Arcadia is a leading U.S. supplier of architectural building products , which include exterior and interior framing systems for low and mid - rise commercial buildings , windows , curtain walls , interior partitions , and highly engineered windows and doors for the high - end residential real estate market . Transaction details • • DMC will purchase a 60 % interest in Arcadia for $ 282.5 million , subject to final purchase price adjustments and closing conditions $ 262.0 million of the purchase price to be paid in cash and $ 20.5 million will be paid in DMC stock о ° Cash portion to be financed with cash and marketable securities on DMC's balance sheet and funds from a $ 150.0 million senior credit facility DMC's total debt - to - adjusted EBITDA leverage ratio after closing will be 2.79 based on total borrowings of $ 150.0 million and pro forma adjusted EBITDA of $ 53.7 million ; total net debt - to - adjusted EBITDA leverage ratio will be 2.25 based on net debt of $ 120.8 million and pro forma adjusted EBITDA of $ 53.7 million • Closing is expected to occur prior to December 31 , 2021 • DMC to acquire the remaining 40 % interest in Arcadia through a three - year put and call option with a floor valuation of $ 187.1 million • Total implied transaction value is $ 469.6 million • Transaction value is 8.6x Arcadia's trailing 12 - month adjusted EBITDA of $ 54.6 million as of September 30 , 2021 Kevin Longe , DMC's president and CEO , said , " This is a milestone transaction for DMC and aligns with our strategy of building a diversified portfolio of industry - leading businesses with differentiated products and services . The acquisition of Arcadia will double DMC's consolidated sales , strengthen our gross margins and provide diversification outside our more cyclical energy and industrial infrastructure markets .