MasterBrand Acquires Supreme Cabinetry Brands for $520 Million
May 20, 2024
MasterBrand, Inc., through its subsidiary MasterBrand Cabinets LLC, agreed to acquire Supreme Cabinetry Brands, Inc. from GHK Capital Partners LP for $520 million in cash. The deal (expected to close in Q3 2024) adds the premium brands Dura Supreme and Bertch to MasterBrand's portfolio, is expected to deliver $28 million of annual cost synergies by year three, and will be funded with cash on hand and incremental debt commitments.
- Buyers
- MasterBrand, Inc. (via subsidiary MasterBrand Cabinets, LLC)
- Targets
- Supreme Cabinetry Brands, Inc., Dura Supreme, Bertch
- Sellers
- GHK Capital Partners LP
- Industry
- Building Products
- Location
- Minnesota, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Dura Supreme Acquires Bertch Cabinet Mfg.
January 5, 2021
Building Products
Dura Supreme, a premium kitchen and bath cabinetry maker owned by GHK Capital Partners, has acquired Bertch Cabinet Mfg. The acquisition combines complementary premium cabinetry brands to expand product selection for dealers and accelerate growth across the U.S.; the deal is an add-on to the Dura Supreme platform owned by GHK.
-
GHK Capital Partners Acquires Dura Supreme Cabinetry
October 17, 2019
Building Products
GHK Capital Partners, a Greenwich, Connecticut-based private equity firm, completed the acquisition of Dura Supreme Cabinetry from the company's second-generation founding family. Dura Supreme is a vertically integrated manufacturer of premium semi-custom and custom cabinetry based in Howard Lake, Minnesota; GHK said the investment will support the company's operating platform and accelerate strategic growth into new U.S. markets.
-
Dovetail Brands (Ambassador Enterprises) Acquires Grabill Cabinets
February 1, 2022
Manufacturing
Dovetail Brands, an affiliate of Ambassador Enterprises, acquired the business of Grabill Cabinets in Q4 2021. The deal brings Grabill Cabinets into Dovetail's home-interior platform while preserving local leadership—former owners David Carnahan and Martin Heiny will remain in leadership roles and the company will continue operations in Grabill, Indiana with its ~130+ employees.
-
Platinum Equity Acquires The Cabinetworks Group
April 5, 2021
Building Products
Platinum Equity has entered into a definitive agreement to acquire The Cabinetworks Group from American Industrial Partners, GIC and other equity holders. Cabinetworks is the largest independently owned U.S. manufacturer and distributor of kitchen and bath cabinets, operating multiple manufacturing and component facilities and employing approximately 8,000 people; Platinum plans to grow the business organically and via M&A.
-
Breck Partners Acquires Essential Cabinetry Group from Gridiron Capital
January 10, 2022
Building Products
Breck Partners, together with Essential Cabinetry Group management, has acquired Essential Cabinetry Group, a Simpsonville, South Carolina-based manufacturer of custom, semi-custom and stock-plus kitchen and bath cabinetry. The transaction was a sale by Gridiron Capital and brings ECG — which sells through a dealer network of more than 650 dealers and operates the Tedd Wood, Executive Cabinetry and Designers Choice brands — under Breck's ownership to support strategic and operational transformation.
-
Hyperion Capital Partners Acquires Kabinart (United Cabinet Company)
April 30, 2021
Building Products
Hyperion Capital Partners completed the acquisition of United Cabinet Company, LLC (dba Kabinart) from the Murray family. Kabinart, a Nashville-based manufacturer of premium semi-custom and custom cabinets for the high-end residential market, will remain under existing management with financing provided by Oxer Capital and Salem Investment Partners.
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.