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New Deal


Announced

Completed

Cornerstone Building Brands completed the acquisition of Cascade Windows from CenterOak Partners for $245m.

Financials

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Transaction Value£176m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Private Equity

Domestic

United States

windows and doors

Single Bidder

Majority

Acquisition

Private

Building Materials: Other

Completed

Synopsis

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Cornerstone Building Brands, a manufacturer of exterior building products in North America, completed the acquisition of Cascade Windows, an independent manufacturer of energy-efficient vinyl windows and doors, from CenterOak Partners, a Dallas-based private equity firm, for $245m. "Cascade is an excellent strategic fit for our Company and advances our strategy to grow in the large, deep residential windows market. Additionally, the acquisition expands our manufacturing presence across the rapidly growing west coast region and enhances our tailored solutions offering for our customers. I look forward to welcoming our new teammates from Cascade to the Cornerstone Building Brands family," James S. Metcalf, Cornerstone Building Brands Chairman and CEO.

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