Announced
Completed
Synopsis
Monogram Capital Partners-backed Precision Door Tri-State, a company which specializes in designing, delivering, servicing, and installing garage doors, completed the acquisition of Foris Solutions, an investment firm. Financial terms were not disclosed. "We are incredibly proud of the strong value creation and growth that we've already achieved in our investment in PDS Tri-State to date. Given this outstanding execution, we were eager to put more territory under our exceptional management team, which opened the door to our acquisition of Foris. This investment epitomizes our strategy of working with closely-held family businesses to build out their management teams, professionalize systems and implement best practice to become the consolidator of choice within attractive, high growth, non-discretionary services businesses," Jared Stein, Monogram Capital Co-Founder and Partner.
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