PGT Innovations Acquires Martin Door Holdings
October 17, 2022
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.
- Buyers
- PGT Innovations, Inc.
- Targets
- Martin Door Holdings, Inc.
- Sellers
- Black Oak Capital, Ridgeline Capital
- Industry
- Building Products
- Location
- Utah, United States
- Transaction Type
- Buyout
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