Apogee Enterprises to acquire UW Interco from Heartwood Partners for $240m.

Apogee Enterprises, an architectural services company, agreed to acquire UW Interco, a vertically integrated manufacturer of high-performance coated substrates, from Heartwood Partners, a middle market private equity firm, for $240m. “UW Solutions is a highly strategic acquisition, aligned with our strategy of adding differentiated businesses with a track record of operating excellence to our portfolio. This acquisition will strengthen LSO, our most profitable business segment, and expands our offering of high-performance coated substrate solutions," Ty R. Silberhorn, Apogee Chief Executive Officer.