MITER Brands Acquires PGT Innovations for $42.00 Per Share

MITER Brands Acquires PGT Innovations

March 28, 2024

Building Products

MITER Brands has completed the acquisition of PGT Innovations, a leading manufacturer of impact-resistant and technically advanced windows and doors. The deal was financed in part by an equity investment from an affiliate of Koch Equity Development (KED) and is intended to expand MITER Brands' product offerings, manufacturing capabilities, and market reach across the U.S.

Masonite International to Acquire PGT Innovations in $3 Billion Deal; Miter Brands Makes Higher Unsolicited Offer

January 8, 2024

Manufacturing

Masonite International has entered a definitive agreement to acquire PGT Innovations for an approximately $3 billion combination of cash and Masonite shares, valuing PGT at $41.00 per share. After the deal was announced, Miter Brands made an unsolicited all-cash proposal to acquire all outstanding shares of PGT for $41.50 per share, which PGT’s board said could reasonably be expected to lead to a superior proposal if improved on price and closing certainty.

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.

PGT Innovations Acquires Anlin Windows & Doors

October 29, 2021

Manufacturing

PGT Innovations (NYSE: PGTI) signed an agreement to acquire Anlin Industries, also known as Anlin Windows & Doors, for approximately $126 million. The acquisition expands PGTI’s presence in the high-growth West Coast region and creates a more comprehensive vinyl and aluminum product platform under its Western Business Unit.

Window Nation Acquires NewSouth Window Solutions from MITER Brands

September 15, 2025

Building Products

Window Nation, a PE-backed national window replacement platform, acquired NewSouth Window Solutions from MITER Brands to expand its Florida footprint and strengthen capabilities in impact-resistant windows. The deal adds NewSouth’s nine showrooms and regional teams, reinforcing Window Nation’s strategy of combining strong regional brands with national scale.

GI Partners Acquires GTY Technology Holdings

July 7, 2022

Cloud & SaaS

GI Partners (via an affiliate) completed its acquisition of GTY Technology Holdings Inc. for $6.30 per share in cash. The deal, announced April 29, 2022, was approved by GTY shareholders in late June 2022 and resulted in GTY becoming privately held with its public listing removed.