Announced
Completed
Synopsis
Clearlake-backed Janus International, a building products producer, completed the acquisition of DBCI, a manufacturer of steel roll-up doors and building products for both the commercial and self-storage industries, from Cornerstone Building Brands, a manufacturer of insulated metal panels, metal roofing and wall systems and metal accessories. Financial terms were not disclosed. “This synergistic combination advances Janus’s strategy of focusing on a niche value proposition and enhances our ability to better serve the needs of our customers by broadening our platform’s range of solutions. Given our complementary business lines, the acquisition presents appealing cost savings and scale/procurement benefits, along with the ability to integrate operations, cross-sell existing products and services, and expand our pool of talent and personnel," Ramey Jackson, Janus CEO.
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