Apogee Enterprises Acquires UW Solutions from Heartwood Partners

September 23, 2024

Apogee Enterprises agreed to acquire UW Interco, LLC ("UW Solutions") from Heartwood Partners for approximately $240 million in cash; the transaction subsequently closed (reported completion at $242 million). UW Solutions is a vertically integrated manufacturer of high-performance coated substrates (brands include ResinDek, ChromaLuxe, RDC Coatings, and Unisub) headquartered in Louisville, Kentucky. Apogee will integrate UW into its Large-Scale Optical segment to expand specialty coatings and materials capabilities, expecting ~$100 million revenue contribution in fiscal 2026 and ~$5 million of run-rate annual cost synergies by fiscal 2027.

Buyers
Apogee Enterprises, Inc.
Targets
UW Interco, LLC (UW Solutions)
Sellers
Heartwood Partners III, LP, Heartwood Partners (affiliated entities)
Industry
Manufacturing
Location
Kentucky, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.