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New Deal


Announced

Completed

Envision Building Products completed the acquisition of Fairway Architectural Railing Solutions from Argosy Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

glass balusters

Majority

Single Bidder

Acquisition

Private

balcony railing systems

Building Materials: Other

United States

Friendly

Private Equity

Completed

Synopsis

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Envision Building Products, a provider of decking and railing products, completed the acquisition of Fairway Architectural Railing Solutions, a manufacturer of glass balusters, composite decks and round aluminum balusters, from Argosy Capital, a private equity firm. Financial terms were not disclosed. “We believe this is the right partnership to meet the evolving needs of our customers while furthering our ability to create best-in-class outdoor products and achieve our vision in becoming the undisputed market share leader of non-wood railing in the US market. We are excited by Fairway’s opportunities under Envision’s ownership, and we look forward to this dynamic new chapter and the exponential new growth opportunities it brings," Greg Burkholder, Fairway Architectural Railing Solutions CEO.

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