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PGT Innovations completed the acquisition of Martin Door for $185m.

Synopsis

PGT Innovations, a provider of premium windows and doors, including impact-resistant products and products, completed the acquisition of Martin Door, a manufacturer of garage doors, for $185m. "We are honored that the group saw similar qualities in our team and selected Martin to be the brand to help them enter into the overhead garage door industry. This transaction would not have been possible without the incredible efforts of innumerable people – from our passionate employees, to our loyal dealers, and dedicated vendors who worked in synchrony to bring Martin to the company it is today. The support we received from every side was amazing, and I look forward to a long and successful continued relationship with each of these partners. We also would like to thank Black Oak Capital and Ridgeline Capital, for their support over the past several years helping us achieve the growth we have seen in recent years," Scott Huntsman, Martin Door CEO.

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