Janus International Acquires Steel Storage Australasia

Janus (Clearlake) Subsidiary Steel Storage Australia Acquires G&M Stor-More

January 19, 2021

Construction

Steel Storage Australia, a wholly owned subsidiary of Janus International Group (a Clearlake portfolio company), has acquired G&M Stor-More Pty Ltd, a Sydney-based provider of self-storage design and construction solutions. The add-on acquisition strengthens Janus’s capabilities in self-storage construction and expands its presence across New South Wales and the broader Australasian market.

Janus International Acquires Access Control Technologies, LLC

September 1, 2021

Electrical Services

Janus International Group, Inc. acquired Access Control Technologies, LLC (ACT), a provider of self-storage access control and low-voltage installation and integration services. The acquisition brings ACT's installation and field-service capabilities into Janus/Nokē to support growth of the Nokē Smart Entry system and expand Janus' access control services to self-storage and commercial customers.

Jungheinrich AG Acquires Storage Solutions group

January 25, 2023

Logistics & Distribution

Jungheinrich AG is acquiring Indiana-based Storage Solutions group from Merit Capital Partners, MFG Partners and Storage Solutions' management for a purchase price of approximately USD 375 million plus a performance-based earnout. The deal gives Jungheinrich a U.S. platform in racking, warehouse design and automation (Storage Solutions: ~170 employees, ~USD 290M revenue in 2022) and is expected to close in Q2 2023 subject to customary conditions including U.S. merger clearance.

JENNMAR Acquires Majority Stake in Australian Steel & Wire (ASW)

May 29, 2024

Building Products

JENNMAR, a FalconPoint Partners portfolio company, acquired a majority stake in Australian Steel & Wire Pty Ltd (ASW). ASW — a manufacturer of welded wire mesh and related products with low-cost operations in Malaysia — will be integrated into the JENNMAR Australia group to expand wire-mesh product offerings and strengthen supply across APAC, Europe and North America.

Janus International Group Acquires Terminal Maintenance and Construction

May 20, 2024

Transportation

Janus International Group, Inc. has acquired Terminal Maintenance and Construction (TMC), a provider of trucking terminal renovation, remodeling and maintenance services in the U.S. Southeast. The purchase is intended to strengthen Janus's Facilitate division and expand the company's facility maintenance capabilities for self-storage and commercial customers.

Platinum Equity Acquires JELD-WEN Australasia (Ventora Group) for $461M

July 2, 2023

Building Products

Platinum Equity completed the $461 million acquisition of JELD-WEN's Australasia windows, doors and related building products business in July 2023. The carve-out (rebranded Ventora Group) operates ~41 manufacturing sites across Australia, Malaysia and Indonesia, employs roughly 5,000 people, and will be run by Scott Kelly as CEO while Platinum invests in capacity, automation and IT improvements to capitalize on rising energy-efficiency demand.