BB&T Capital Markets Serves as Exclusive Financial Advisor in the sale of Thermo-Tech Windows & Doors, LLC
On March 16, 2018, Thermo-Tech Windows & Doors, LLC (“TTW” or the "Company"), a portfolio company of Bounds Equity Partners (“BEP”) and ORIX Mezzanine & Private Equity (“OMPE”), was acquired by Harvey Building Products (“Harvey”), a portfolio company of Dunes Point Capital (“DPC”). BB&T Capital Markets served as the exclusive financial advisor to the Company.
About the Companies
Founded in 1993 and headquartered in Sauk Rapids, MN, TTW is a leading manufacturer of high quality, premium-priced vinyl windows and doors focused primarily on the residential repair and remodel market in the upper-Midwestern U.S.
Bounds Equity Partners is a private equity investment firm based in Highland Park, IL. The firm invests across a variety of industries with a focus on building materials and services, business services, consumer products, and specialty manufacturing.
OMPE provides equity and junior debt financing options for lower and middle-market companies throughout North America and invests in a wide variety of industries and transaction types including buyouts and acquisitions, growth financings, recapitalizations, and special situations. Investments are predominately with independent sponsors and also include investments with funded equity sponsors, family offices, and directly with entrepreneurs and management teams.
Founded in 1961, Harvey is a leading manufacturer of high quality building products sold under the Harvey and Soft-Lite brands. Harvey also distributes siding, roofing, decking, and trim. Headquartered in Waltham, MA, Harvey sells directly to contractors, builders, general contractors, and other building industry professionals.
Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial sector. DPC targets companies with enterprise values of up to $500 million.
Commercial & Industrial
The BB&T Capital Markets Commercial & Industrial Group provides clients with industry expertise and exceptional transaction execution. We offer M&A advisory, capital raising and corporate banking services for a variety of sectors, including building products & materials; commercial & consumer durables; industrial manufacturing and distribution; and outsourced commercial and industrial services.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.