Fortune Brands Acquires Solar Innovations

Fortune Brands Acquires LARSON Manufacturing

November 17, 2020

Building Products

Fortune Brands Home & Security, Inc. agreed to acquire LARSON Manufacturing for approximately $660 million, adding the North American storm, screen and security door leader to its newly renamed Outdoors & Security segment. LARSON, headquartered in Brookings, South Dakota, with roughly $390 million in revenue and about 1,200 employees, expands Fortune Brands' outdoor living and door product portfolio and is expected to be immediately accretive to earnings.

Fortune Brands Innovations Acquires SpringWell Water Filtration Systems

February 29, 2024

Building Products

Fortune Brands Innovations (FBIN) acquired SpringWell Water Filtration Systems on February 29, 2024 for approximately $105 million ($92 million net of tax benefits). The acquisition expands Fortune Brands' whole-home water offering and adds SpringWell's direct-to-consumer, digital marketing capabilities and recurring revenue streams to FBIN's portfolio.

Fortune Brands Acquires Aqualisa

August 2, 2022

Building Products

Fortune Brands Home & Security acquired Aqualisa Holdings (International) Ltd., a U.K. designer and manufacturer of premium smart and digital shower products. The acquisition (announced July 29, 2022) expands Fortune Brands' Water Innovations portfolio, adding digital shower capabilities and accelerating international growth; the deal follows an exit by PE firm LDC and was valued at about £130 million (approximately $160 million).

PGT Innovations Acquires Martin Door Holdings

October 17, 2022

Building Products

PGT Innovations, Inc. (PGT) acquired Martin Door Holdings, Inc. for approximately $185 million, expanding PGT’s product portfolio into premium overhead garage doors. Martin, headquartered in Salt Lake City, Utah, generated about $60 million of expected 2022 sales and ~173 employees; the acquisition is intended to broaden PGT’s Western U.S. footprint and create cross-selling and operational synergies.

Boyne Capital-backed Pinnacle Expands into Florida with FAS Windows & Doors and Lindholm Roofing

January 27, 2025

Construction

Boyne Capital’s portfolio company Pinnacle Home Improvement Group has expanded into Florida through strategic partnerships with FAS Windows & Doors (Orlando) and Lindholm Roofing (Islamorada). Both businesses will retain their brands and management while joining the Pinnacle platform as add-on partners to support Pinnacle’s regional growth in exterior home improvement services.

PGT Innovations Acquires Anlin Windows & Doors

October 29, 2021

Building Products

PGT Innovations, Inc. (NYSE: PGTI) completed the acquisition of Anlin Windows & Doors, a Clovis, California–based vinyl replacement window and door manufacturer, expanding PGT's presence in the West Coast market. The deal closed for approximately $113.5 million in cash plus up to $12.6 million of earnouts (roughly $126 million total consideration), with Anlin reporting roughly $106 million of trailing-twelve-month sales and mid-teens adjusted EBITDA; the deal is expected to be accretive to adjusted EPS within the first year.