ATIS Group acquires Phoenix Glass, Inc.Aspen advised ATIS Group of Longueuil Quebec in its third acquisition of a Western Canadian company. Phoenix located in Vancouver with offices in Victoria is a manufacturer of curtain wall systems used in high rise projects. The acquisition of Phoenix broadens the product offerings of ATIS which has commercial window operations at Allied Windows and Solarcan.
Mayfair Windows acquired by Moss SupplyAspen acted as advisors and intermediaries to Mayfair Windows of Lafayette LA, in the sale of their business to Moss Supply. Moss Supply of Virginia continued it expansion plans in the Southeast with the acquisition of Mayfair.
ATIS Group acquires Bestway Windows of CalgaryATIS Group in its continued expansion West, acquired Bestway Windows of Calgary. Bestway is a supplier to RONA and allows ATIS to serve RONA on a national basis. Aspen acted as advisors to the transaction.
ATIS Group acquires Allied WindowsATIS Group of Montreal, formerly known as Focus Doors and Windows acquired Allied Windows of Abbotsford B.C. Allied represents the first expansion for ATIS in Western Canada. Aspen acted as advisors to ATIS.
Schlegel Building Products acquired by Lupus CapitalAspen acted as advisors to Unipoly Holdings, Plc. the parent company in the sale of its Schlegel Building Products subsidiary to Lupus Capital in March 2006 in a transaction worth $140 million. Schlegel is the worldwide leader in the manufacture and sale of weatherstripping for doors and windows.
TruSeal acquired by Quanex CorporationQuanex Corporation of Houston Texas, a leading supplier of window components serving OEM accounts, acquired TruSeal Technologies of Cleveland. The transaction valued at $113 million gives Quanex a major market position as a supplier of insulated glass materials. Aspen was retained by Quanex to identify significant acquisition candidates.
Vimat, Melco, Plastimont acquired by FocusFocus Doors and Windows of Longueuil Quebec acquired Vimat Windows and Doors, Melco Doors and Plastimont Windows all of Terrebonne Quebec. The three companies were separately owned by common shareholders and provided Focus with increased capacity to manufacture windows through Plastimont the addition of state of the art modern door manufacturing plant with Melco and a major retailer of windows and doors in the North Shore of Montreal to complement Focus' strenght on the South Shore of Montreal. Vimat operates 5 stores throughout the North Shore. With this acquisition Focus is the largest window and door fabricator in Eastern Canada. Aspen acted as advisor to the transaction.
Focus Door and Windows acquired by Cornerstone and Key Principal PartnersFocus Doors and Windows of Longueuil Quebec, a holding company serving the Eastern Canadian window and door market was acquired by Cornerstone Capital Partners and Key Principal Partners. Focus owns Laflamme Windows of St. Appollinaire Quebec, Solarcan Windows and Doors of Boucherville Quebec and Unicel Architectural of Longueuil Quebec.
Farley Windows acquired by Cornerstone and Edgestone Capital PartnersFarley Windows of Alexandria Ontario was acquired by Cornerstone Capital Partners of New York and Edgestone Capital Partners of Toronto. Farley is a leading supplier of replacement windows to Home Depot Canada and manufactures new construction windows which are distributed both in Canada by KayCan and Mitten as well as to numerous distributors and dealers in the Northeast. The value of the transaction was $55 million. In 2004 Farley merged with Gienow Windows of Calgary Alberta in a simultaneous transaction to take the company public as an Income Trust. Gienow is listed as an Income Trust on the Toronto Stock Exchange.
Northeast/Quality acquired by Consortium of InvestorsNortheast Windows and Quality Extrusions were acquired by a consortium of investors led by Carl Marks, Sterling Carl Marks, Walden Capital, First New England Capital and Dime Capital Partners. Northeast is a window manufacturer of vinyl replacement windows serving the Northeast market and Quality is an extruder of vinyl window system components selling in the eastern half of the U.S.
Stanek Windows acquired by CornerstoneStanek Windows, Cleveland, Ohio, a leading manufacturer of premium vinyl replacement windows sold directly to homeowners, entered into a partnership relationship with a consortium of investors led by Cornerstone Partners. Stanek operates four retail branches located in Cleveland, Milwaukee, Columbus and Tampa.
Atlantic Plywood acquired by Long Point CapitalAtlantic Plywood Corporation, the leading distributor of industrial hardwood plywoods serving a number of industries including furniture and point of purchase display with offices in MA, CT, RI, NY, NJ and VA was acquired by management Cornerstone Capital Partners and Long Point Capital of New York.
Window Man acquired from ReliantThe Window Man, a retail direct service company was acquired by Soft Lite Vinyl Windows of Bedford, Ohio from Reliant Building Products. Reliant, a $300 MM Dallas based vinyl and aluminum window company, divested of the Heat Mirror retail service program to concentrate on the wholesale market.
|