Building Products Acquisitions in United States

Fernweh Group LLC acquired Wincore Window Company, LLC, a manufacturer of vinyl windows and doors for the residential market. The investment establishes a new Fernweh platform focused on the Building Products sector, with Wincore continuing operations under its existing senior management team.

White Cap has acquired Site Supply, Inc., a distributor of construction materials focused on stabilization, stormwater, and erosion control for non-residential end markets. Site Supply operates four locations across Ohio, Kentucky, and Tennessee and will now be part of White Cap’s suite of brands, branches, and value-added services.

PrimeSource Brands, backed by Clearlake Capital Group, acquired CityPost, a provider of patented cable railing systems for residential renovation applications. The deal expands PrimeSource Brands' outdoor living products portfolio and complements its existing RailFX and Ultra-Tec solutions; financial terms were not disclosed.

Sentinel Capital Partners acquired NSI Industries, a manufacturer and supplier of branded electrical and HVAC components. The transaction establishes NSI as a new platform investment for Sentinel; financial terms were not disclosed.

ABC Supply Co., Inc. acquired the assets of America Building Materials, a roofing and waterproofing distributor located in Los Angeles, California. The deal establishes ABC Supply’s first location in Los Angeles and expands its presence in the greater Los Angeles market. America Building Materials’ associates will remain in place to support continuity for customers.

Transom Capital Group has acquired Virginia Tile Company, a specialty distributor of tile, decorative surfaces, and installation accessory products. Virginia Tile will join forces with Galleher to form a flooring and tile products distributor with national scale, expanding product development, merchandising, and fulfillment capabilities.

Gemspring Capital has completed the sale of its strategic minority stake in Sparkstone Electrical Group, a provider of electrical power distribution equipment and related services. Gemspring originally invested in Sparkstone in January 2023 to support acquisitions (including IER Electric) and to drive continued growth initiatives.

Oldcastle APG, a CRH Company, acquired the assets of Lowe Products Company, including its facility in Shepherdstown, West Virginia. The deal adds Lowe Products’ bulk and bagged mulches, soils, and compost assets, strengthening Oldcastle APG’s Lawn & Garden capabilities in the Mid-Atlantic and improving service to the Washington, D.C. market.

MasterBrand, Inc., through its subsidiary MasterBrand Cabinets, LLC, agreed to acquire Supreme Cabinetry Brands, Inc. from GHK Capital Partners LP for $520 million in cash. The deal is expected to close in the third quarter of 2024 subject to customary conditions including U.S. antitrust clearance, and is expected to generate $28 million of annual run-rate cost synergies by year three. MasterBrand expects the acquisition to be accretive to adjusted diluted EPS within the first full year after closing.

Saw Mill Capital sold Wolf-Gordon Inc. to Charger Investment Partners. Wolf-Gordon designs and supplies premium commercial wallcoverings and high-performance finishes, and grew its digital marketing and virtual selling capabilities during Saw Mill Capital’s ownership.

Merit Capital Partners, together with Fulton Capital, partnered with management to acquire AFX, Inc. AFX designs, assembles, and distributes lighting fixtures for contemporary and decorative lighting markets serving lite commercial and residential installations across the United States and Canada. Merit Capital Partners provided subordinated debt and equity as part of the investment.

The Cook & Boardman Group LLC (Cook & Boardman) announced it has acquired Lanmor Services, Inc. and Lanmor Services of Nevada, LLC, expanding its nationwide commercial entry and security/access solutions footprint. Transaction terms were not disclosed, and the acquired business will continue operating under the Lanmor name.

US LBM, a national distributor of specialty building materials, has acquired Old Mission Windows of Traverse City, Michigan. Old Mission Windows, founded in 1985, distributes windows and doors to residential homebuilders and contractors across northern Michigan, expanding US LBM’s product offering and reach in the region.

Core & Main Inc. has entered into a definitive agreement to acquire Dana Kepner Company LLC and associated entities, subject to regulatory approval and customary closing conditions. Dana Kepner, headquartered in Denver, Colorado, distributes water, wastewater, storm drainage, and geotextile products across 19 locations in multiple U.S. states.

Bon Tool Co. has acquired the Jag Clamp product line, including its intellectual property rights, operating assets, and associated patents. Bon Tool previously served as the exclusive distributor of the Jag Clamp line holding tool, which is used for precise line measurement in masonry work.

Core & Main Inc. completed its previously announced acquisition of substantially all assets of Granite Water Works Inc., a Minnesota-based provider of water, wastewater, and storm drainage products. The deal expands Core & Main’s capabilities and presence in central Minnesota serving contractors and municipalities.

Stonehenge Partners made a minority growth investment in Stratus Surfaces, an importer and distributor of natural stone, quartz, and porcelain slabs for high-end residential and commercial projects. The investment is intended to support Stratus’ continued expansion into new U.S. markets and positions the company to pursue acquisition opportunities.

Trimlite Equity, L.P., a portfolio company of Wynnchurch Capital, acquired Francis-Schulze Company, a value-added distributor of exterior door products and hardware. Members of the Francis and Schulze families will continue as shareholders in Trimlite, and financial terms were not disclosed. Francis-Schulze is headquartered in Russia, Ohio and has a strong distribution presence across the Ohio Valley.

MBP Group, a portfolio company of Validor Capital, acquired Summit Stairs and Millwork to expand MBP’s specialty residential building products offering. Summit Stairs and Millwork, headquartered in Canton, Georgia, designs and manufactures interior stair products, components, and exterior columns. The transaction closed on July 31, 2023, and financial terms were not disclosed.

CW Industrial Partners’ portfolio company Safe-Way Garage Doors acquired 1st United Door Technologies, an overhead garage door manufacturer and distributor. The deal terms were not disclosed, and the transaction is intended to expand Safe-Way’s distribution reach in western U.S. markets while creating additional opportunities for 1st United in the eastern U.S. The combined company will be based in Warsaw, Indiana, while both brands continue operating from existing facilities.

On August 31, 2023, Walpole Outdoors, a portfolio company of Argosy Private Equity, acquired Finyl Sales, Inc. Finyl Sales, headquartered in Ocala, Florida, manufactures cellular PVC exterior trim products for the construction industry in the southeastern United States. The acquisition is intended to expand Walpole Outdoors’ presence in Florida and add architectural millwork and exterior fabrication capabilities.

Watts Water Technologies, Inc. entered into a definitive agreement to acquire Bradley Corporation for $303 million (approximately $268 million net of expected tax benefits). The deal, funded with cash on hand and Watts’ revolving credit facility, is expected to close in the fourth quarter of 2023 pending customary conditions and regulatory approvals. Bradley adds complementary commercial washroom and emergency safety products that expand Watts’ presence in institutional/commercial and industrial end markets.

International Designs Group LLC (IDG), a portfolio company of Mill Point Capital, acquired Trajus Surfaces, LLC, a distributor of engineered quartz and natural stone products in the Mid-Atlantic and Northeastern United States. The deal expands IDG’s geographic footprint beyond the Southeast and strengthens the combined platform’s distribution reach and customer/vendor relationships across the Eastern U.S.

West Coast Lumber (WCL), a regional lumber and building materials supplier launched by Building Industry Partners, acquired San Diego-based Stone Truss, a designer and manufacturer of roof and floor truss systems. The deal expands WCL into structural component manufacturing and broadens its product offering across Southern California. Stone Truss owners Richard Thomas and Charlie Signorino will remain with the business as it continues operating from its North San Diego County facility.

Floor & Decor’s wholly owned subsidiary, Spartan Surfaces, acquired Salesmaster Flooring Solutions, a flooring and installation supplies distributor serving the Northeastern United States. Salesmaster, headquartered in Deer Park, New York, will operate as part of Spartan Surfaces, expanding Spartan’s commercial presence in the New York City and New England markets. The transaction closed on June 7 and financial terms were not disclosed.

NewSpring Mezzanine, a strategy of NewSpring, invested subordinated debt and preferred equity to support Digital Fuel Capital’s acquisition of First Impression Ironworks. First Impression Ironworks designs, manufactures, and installs custom iron security doors and related products, primarily serving the Phoenix and Tucson, Arizona markets.

ProSource, LLC, a portfolio company of Blue Sea Capital, acquired Huber Supply, a wholesale distributor serving trade professionals with plumbing and electrical supplies in South Carolina. Following a transition period, Huber Supply will be rebranded as ProSource Supply, expanding ProSource’s product availability and geographic reach in the Southeast U.S.

Genesis Products, LLC acquired Funder America, Inc., a thermally fused melamine (TFL) panel and component manufacturer. FOCUS Investment Banking represented Funder America in the transaction, after which Funder will operate as a division of Genesis.

Specialty Products and Insulation (SPI), a portfolio company of Incline Equity Partners, acquired Spray Foam Distributors of New England, Inc. and Spray Foam Distributors of Boston, LLC (together, Spray Foam). The deal closed on December 30, 2022. Spray Foam distributes spray foam insulation materials, equipment, and related training and services to insulation contractors across New England.

Borgman Capital acquired Minnesota Tile and Stone (MTS), a Minneapolis-based tile and stone products provider. Following the acquisition, MTS will be merged with Borgman Capital’s portfolio company K.G. Stevens to expand their Midwest footprint and diversify product offerings. MTS’s previous owner and president, Alan Dale, retired in connection with the transaction.

JM Family Enterprises, Inc. acquired Rollease Acmeda, a specialty distributor and manufacturer of window covering systems and hardware. Rollease Acmeda, headquartered in Stamford, Connecticut, will become part of JM Family Holdings’ JM Specialty Distribution Platform as JM Family continues to expand through acquisitions.

AAA Distributor, Inc., a portfolio company of Valesco Industries, is acquiring Kitchen and Bath Solutions, Inc., The Ugly Duck, Inc. and Surplus Building Materials, LLC to expand into new geographies and product categories and enhance digital sales capabilities. Brookside Capital Partners provided additional subordinated debt and an equity co-investment in AAA to support these acquisitions.

Blackford Capital sold its portfolio company Quality Aluminum Products (QAP) to Gibraltar Industries, Inc. The transaction represents Blackford’s exit from its 2016 investment in QAP, a Michigan-headquartered manufacturer and distributor of exterior aluminum building products.

Skyway announced the sale of Deco Truss, a South Florida-based manufacturer and supplier of structural roof and floor trusses, to US LBM, a portfolio company of Bain Capital Private Equity. Deco Truss will continue operating under its existing leadership and will operate as a unit of US LBM's Raymond Building Supply.

Clayton, Dubilier & Rice (CD&R) has completed its acquisition of Cornerstone Building Brands, the largest manufacturer of exterior building products in North America. Following shareholder approval, Cornerstone Building Brands’ common stock ceased trading and was delisted from the New York Stock Exchange as the company became privately held.

International Designs Group LLC (IDG), a portfolio company of Mill Point Capital, acquired Construction Resources Holdings LLC (CR). The acquisition expands IDG’s geographic presence and strengthens its suite of design-oriented surfaces, architectural specialty products, and appliances across the Eastern and Southeastern United States.

ASSA ABLOY has acquired Caldwell, a manufacturer of fenestration hardware for window manufacturers. The deal supports ASSA ABLOY’s strategy of adding complementary products and solutions to its core access solutions business and is expected to be accretive to EPS from the start.

Southeast Building Supply Interests (SBSI), a platform company of Building Industry Partners (BIP), acquired Wallace Building Supply to expand SBSI’s lumber and building materials footprint into the greater Clarksville, Tennessee market. The deal brings SBSI to nine locations across the Southeast and makes Wallace SBSI’s first location in Tennessee. Following the acquisition, Wallace employees will participate in SBSI’s employee equity ownership program, and Ronnie Wallace will remain President.

Outdoor Living Supply (OLS) has acquired The Rock Garden (TRG), an independent distributor of natural stone, hardscapes, and architectural stone elements. TRG, founded in 1998 and based in Truckee, California, is a division of Marsh Ventures, Inc. The deal expands OLS’s platform into California and strengthens its presence in the Lake Tahoe market.

Mill Point Capital LLC acquired Cancos Tile Corporation, a regional distributor and retailer of luxury ceramic tile and natural stone. Stellus Capital Management, LLC provided senior debt financing and an equity co-investment to support Mill Point’s partnership with Cancos.

Stonebridge Partners completed the recapitalization of MetalForming, Inc. in partnership with founder Geoff Stone, who will remain on the board and continue as the largest single shareholder. Main Street Capital provided debt financing and an equity co-investment for the transaction, which closed on October 19, 2022.

IPS Corporation acquired Floodstop, a line of point-of-use leak detection devices that automatically shut off water to appliances and fixtures when a leak is detected, from OnSite PRO Inc. Following the acquisition, Floodstop has been integrated into IPS' Diversified Products organization and is being inventoried in IPS distribution centers as part of its broader product offering.

PSP Capital acquired StormTrap, a provider of underground stormwater management systems, from Warren Equity Partners. The transaction was completed in partnership with StormTrap’s management team and founding family, adding an advanced industrial/building products business to PSP Capital’s portfolio.

US LBM, a US specialty building materials distributor, has acquired Crown Components, an Arizona-based manufacturer and supplier of structural roof and floor trusses serving the metropolitan Phoenix market. Crown Components will continue operating from its Tolleson facility under existing leadership as US LBM expands its presence in the Phoenix Metro area.

Paramount Global Surfaces (PGS), a Platinum Equity portfolio company, acquired Stone Source, a national distributor of natural stone, ceramic tile, and decorative surfaces. Stone Source was purchased from a group of investors led by Founders Equity, with Blackstone Credit providing financing; financial terms were not disclosed. The deal expands PGS’s scale and product offering across commercial and high-end residential flooring distribution.

The Engineered Stone Group (ES Group) announced the acquisitions of MTI Baths and Aquatica to expand its presence in the North American engineered stone and hydrotherapy bathing market. MTI and Aquatica will continue to operate as independent brands under ES Group with their existing management teams, and financial terms were not disclosed.

Drum Capital Management acquired Excel Interior Door, LLC (Excel Door), a manufacturer of interior wooden doors headquartered in Hartselle, Alabama. Trident partnered with Drum as an equity investor in the transaction, which closed on January 20, 2022.

An affiliate of Paceline Equity Partners has closed the acquisition of AHF Products, a leading North American hard surface flooring manufacturer. AHF Products is headquartered in Mountville, Pennsylvania and operates multiple manufacturing and distribution facilities serving residential and commercial flooring markets.

Outdoor Living Supply (OLS), a distribution platform focused on outdoor living products and hardscapes, has acquired Woodward Landscape Supply. Woodward, founded in 1994 and based in Phoenixville, Pennsylvania, distributes hardscaping materials, natural stone, and related outdoor living products and accessories, expanding OLS’s presence in the Pennsylvania/Northeast market.

Eastern Wholesale Fence, a portfolio company of Center Rock Capital Partners, acquired South Camden Iron Works (SCIW). The deal expands Eastern’s East Coast footprint and strengthens its product offering in fencing and railing distribution across the Mid-Atlantic.

Breck Partners, LLC acquired Essential Cabinetry Group (ECG), a cabinetry manufacturer headquartered in Simpsonville, South Carolina. ECG produces custom, semi-custom, and stock-plus cabinetry sold through a network of over 650 kitchen and bath dealers across the United States.

Incline Equity Partners, a Pittsburgh-based private equity firm, made an investment in Specialty Products and Insulation (SPI), a value-added distributor and fabricator of insulation and complementary products. SPI is headquartered in Charlotte, North Carolina and operates a large branch and fabrication network serving contractors across the United States and Canada.

CID Capital announced that its portfolio company, ProSource, LLC, has acquired Marion Davis, Inc.; financial terms were not disclosed. The deal expands ProSource’s plumbing and lighting capabilities and adds electrical supplies to its product assortment, with Marion Davis expected to be rebranded as ProSource after a transition period.

Trystar has acquired Total Plant Management Group, Inc. (TPMG) to expand its complete power system capabilities. The deal adds TPMG’s custom prefabricated steel buildings, modular electrical substations (E-Houses), control panels, and integration/testing/commissioning services to Trystar’s portfolio of power distribution, cable, and test products.

Crown Capital Investments acquired Climalock, a designer and supplier of custom vertical and horizontal panel systems for tank insulation. Climalock is headquartered in Warsaw, Missouri, and the transaction was advised by Woodbridge International as the sell-side M&A firm.

Midland Industries, a portfolio company of Wynnchurch Capital, acquired Century Brass Products. Century Brass is a distributor of machined brass fittings and valves serving the plumbing industry across the United States, and the deal expands Midland’s product offering and footprint in the plumbing wholesale market.

Charlesbank Capital Partners acquired Empire Today, a direct-to-consumer, shop-at-home flooring provider in the United States, from H.I.G. Capital. Empire Today’s management team and an affiliate of H.I.G. will reinvest in the transaction as minority shareholders, and H.I.G. will remain a minority investor. Financial terms were not disclosed.

Eastern Wholesale Fence, LLC, a portfolio company of Center Rock Capital Partners, acquired Shoreline Vinyl Systems, Inc., Coastal Aluminum Manufacturing, LLC, and related companies. Shoreline is a manufacturer and distributor of vinyl fence, rail, pergolas, and aluminum fence products with operations based in Denton, Maryland and Laurinburg, North Carolina. The combination expands Eastern’s product offering and strengthens its presence in the Mid-Atlantic region.

Barrette Outdoor Living, Inc. announced a new partnership and acquisition of National Vinyl Products (NVP), a family-owned vinyl fence and railing manufacturer based in Nephi, Utah. NVP will continue operating independently while combining manufacturing strengths and strategic plant locations with Barrette Outdoor Living to expand product offerings and support continued growth.

MiddleGround Capital acquired Arrow Tru-Line, Inc., an independent manufacturer and supplier of overhead garage door hardware components serving residential and commercial markets. Arrow Tru-Line will be a platform investment for MiddleGround Capital I, LP, as MiddleGround looks to support the company’s continued growth and expansion in the building products sector.

Fencing Supply Group (FSG), a portfolio company of The Sterling Group, has acquired Vinyl by Design, a provider of vinyl and aluminum fencing, railing, and decking products. Vinyl by Design is based in New Paris, Indiana, and the deal expands FSG’s outdoor living and fencing product offering in the upper Midwest. The acquisition represents the eighth add-on completed for the FSG platform.

US LBM acquired Northern Building Supply, a full-service building products distributor and retailer with two locations in northern Michigan. The deal expands US LBM’s presence in Michigan, with Northern Building Supply to operate as part of US LBM’s Standard Supply and Zeeland Lumber operations. Northern Building Supply’s owner George Cochran is exiting the business, while Ed Beuerle will continue leading operations.

Galleher, LLC announced the strategic acquisition of Dallas-based Trinity Hardwood Distributors, a major Texas hardwood flooring supplier founded in 1977. Trinity Hardwood will join Galleher to support Galleher’s geographic expansion into Texas and the broader western and southwestern United States, while continuing to operate under the brand “Trinity Hardwood, A Galleher Company.”

Jon-Don, a national supplier of commercial supplies, equipment, and chemicals for specialty contractors, acquired Dynamic Diamond Tooling (DDT). DDT, based in Orlando, Florida, supplies equipment, tooling, and chemicals for concrete surface preparation and polishing, expanding product choice and support for both companies’ customers.

Fencing Supply Group (FSG), a portfolio company of The Sterling Group, has acquired Sharon Fence Distributors. Sharon Fence is a full-service fencing supply distributor and manufacturer headquartered in Sharon, Pennsylvania, with additional locations in Buffalo, New York, and Columbus, Ohio. The acquisition expands FSG’s footprint and product offerings in Pennsylvania, Ohio, and Western New York.

Galleher, LLC announced the acquisition of West Valley Hardwood Floor Distributors, a distributor of hardwood flooring and installation supplies serving Washington and Oregon. West Valley Hardwood’s headquarters in Fife, Washington will become the hub for Galleher’s Pacific Northwest operations, expanding Galleher’s regional footprint and product offering.

Validor Capital’s portfolio company, The Marwin Company, acquired Millwork 360, LLC to diversify its building-products offering. Millwork 360 is a Tampa, Florida-based manufacturer of doors and custom mouldings, and the combination is intended to enhance the combined manufacturing and distribution capabilities.

Platinum Equity acquired Paramount Global Surfaces (PGS), a developer, importer, and distributor of premium porcelain tile and other hard-surface floor coverings. The company was purchased from Linsalata Capital Partners, with financing provided by Blackstone Credit; financial terms were not disclosed.

Angeles Equity Partners and Clearlake Capital Group completed the sale of American Construction Source (ACS) to US LBM Holdings; financial terms were not disclosed. ACS is a specialty lumber and building materials distribution platform, formed by Angeles and Clearlake in 2018, that expanded through 10 transactions to become one of the largest LBM distributors in the industry.

US LBM acquired Brand Vaughan Lumber Company, a building materials distributor and installation services provider operating five locations in Georgia. The deal expands US LBM’s presence across several fast-growing Southeastern housing markets, including the greater Atlanta area, and adds Brand Vaughan’s product and installation service capabilities.

Renovation Brands announced its acquisition of Trueform Concrete and its sister company, Blendhouse, both operating in the high-end decorative concrete market. Trueform produces artisanal concrete furnishings and surfaces for hospitality, corporate, retail, and high-end residential uses, while Blendhouse supplies materials to the concrete fabricator community. The companies will begin integrating immediately following the transaction.

Center Rock Capital Partners’ fencing platform, Eastern Wholesale Fence, acquired Hudson Fence Supply and related companies. Hudson, headquartered in Fort Mill, South Carolina, manufactures and distributes fencing products across North America, expanding Eastern’s capacity and footprint in the Southeast.

Leaf Home Solutions has completed the acquisition of Storm Tight Windows of Texas, which will operate under Leaf Home Enhancements. The deal expands Leaf Home Solutions’ footprint in the home solutions market and represents its fourth acquisition in the past year.

Slate Capital Group acquired O'Donnell Metal Deck, LLC, a value-added distributor of metal decking and steel bar joist serving the commercial construction industry. Farragut Capital Partners invested mezzanine debt and preferred equity to support the acquisition, and CFG Bank provided senior financing.

American Construction Source (ACS), backed by Angeles Equity Partners and Clearlake Capital Group, announced the acquisition of Builder's Resource Group (BRG). BRG will operate under ACS’s Arrow Building Center brand in Minnesota and Wisconsin, representing ACS’s eighth acquisition under Clearlake and Angeles sponsorship. Financial terms were not disclosed.

Platinum Equity has completed the sale of PriSo Holding Corporation ("PrimeSource") to Clearlake Capital Group, L.P. PrimeSource is a global distributor of specialty building materials serving residential, commercial, and industrial construction and remodeling markets. Platinum Equity originally acquired PrimeSource in 2015 from Itochu Corporation.

American Bath Group, LLC (ABG), a portfolio company of Centerbridge Partners, completed the acquisition of DreamLine from affiliates of MPE Partners. DreamLine, a provider of premium glass shower doors, enclosures, and accessories (including the Arizona Shower Door brand), will operate as a division of ABG with its leadership remaining in place.

Uniprop and Seneca Partners acquired Michigan Chandelier, Inc., a multi-location lighting fixtures and electrical supplies distributor/retailer based in Southfield, Michigan. Majority owners Ed and Judy Berne exited the business as part of the sale, while President and minority owner Ken Sanders will remain to support the transition and continue leading the company.

U.S. LUMBER Group LLC, a wholly owned subsidiary of Specialty Building Products, agreed to acquire Mid-State Lumber Corp., a regional wholesaler of building material products. The deal expands U.S. LUMBER’s product and service offering and strengthens its distribution footprint across New Jersey, Maryland, Pennsylvania, New York and New England. Financial terms were not disclosed.

An affiliate of Paceline Equity Partners, LLC was the successful bidder to purchase substantially all assets of Quick Fitting, Inc. through a receivership process. The transaction is expected to close on December 16, 2020, subject to customary closing conditions, and Paceline plans to continue operating the business in Rhode Island.

Kinzie Capital Partners, through an affiliated entity, acquired Chelsea Lighting NYC, a New York-based lighting and lighting controls distributor. The transaction was completed in partnership with Chelsea’s management team, who will retain significant ownership and continue in key leadership roles. Mesirow Financial served as exclusive financial advisor to Chelsea on the deal.

Catalyst Acoustics Group, Inc., a portfolio company of The Stephens Group, finalized its acquisition of Fräsch, LLC. Fräsch, headquartered in Arlington, Texas, designs and manufactures polyester-based acoustic products such as wall panels, ceiling treatments, partitions, and acoustic lighting, and will continue operating with its founders and employees in place.

Cook & Boardman Group LLC acquired Building Specialties, a Birmingham, Alabama-based commercial door and hardware business; financial terms were not disclosed. Building Specialties will continue operating under its existing name, with owner/CEO Paul Caddell continuing to manage the business under Cook & Boardman’s ownership. Cook & Boardman is a portfolio company of Littlejohn & Co., LLC, and this acquisition marks its ninth add-on since Littlejohn’s 2018 investment.

American Construction Source (ACS), a building materials distribution platform backed by Angeles Equity Partners and Clearlake Capital Group, announced the acquisition of Homewood Holdings LLC. Homewood will continue operating under its existing local brands across markets in California, Washington, and Arizona. Financial terms were not disclosed.

Huntsman Corporation agreed to acquire Icynene-Lapolla, a North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems, from an affiliate of FFL Partners, LLC. Huntsman will pay $350 million in an all-cash transaction funded from available liquidity, with closing expected in the first half of 2020.

Merit Capital Partners partnered with MFG Partners and Elgen Manufacturing Company’s existing management to acquire Elgen Manufacturing Company. Elgen, headquartered in Closter, New Jersey, engineers and manufactures ductwork accessory products used by HVAC contractors in commercial buildings. Merit provided a combination of subordinated debt and equity to support the transaction.

Garland Industries Inc. has acquired Merchant & Evans Inc., adding the metal building-envelope products manufacturer to Garland’s portfolio of building materials companies. The deal is intended to strengthen Garland’s position in metal solutions for the building envelope and expand product offerings and manufacturing capabilities through shared resources and collaboration.

Pella Mid-Atlantic acquired K.C. Company, a Beltsville-based independent distributor of Pella window and door products serving Northern Virginia, Delaware, and Maryland. Chesapeake Corporate Advisors served as exclusive financial advisor to Kevin Cassidy, K.C. Company’s sole shareholder, on the transaction.

Q.E.P. Co., Inc. acquired Ace Flooring, Inc., doing business as Naturally Aged Flooring. Naturally Aged Flooring is a Moorpark, California-based hardwood flooring manufacturer, importer, and distributor serving a national network of retailers.

Sika has acquired Butterfield Color, Inc., a US-based producer of decorative concrete floor products and systems. The deal strengthens Sika’s offering for concrete contractors in North America and is expected to accelerate growth through an expanded, comprehensive decorative concrete portfolio. Butterfield generated sales of CHF 20 million in 2016 and is based near Chicago.