Watchtower Capital Acquires Fence Builders and Green Hill Fence Company
July 17, 2025
Watchtower Capital has acquired Fence Builders, Inc. and Green Hill Fence Company to create an integrated residential and commercial fence, gate and access control platform serving the U.S. Southeast. Watchtower led the platform investment with co-investments and financing from Plexus Capital and Aldine Capital Partners; founders Steve Shelton and Manning Garrett remain in leadership roles and retain ownership stakes, and Nick Coder was named President.
- Buyers
- Watchtower Capital, Plexus Capital, Aldine Capital Partners
- Targets
- Fence Builders, Inc., Green Hill Fence Company
- Sellers
- Steve Shelton / Shelton family (Fence Builders), Manning Garrett (Green Hill)
- Platforms
- Fence Builders, Inc.
- Industry
- Construction
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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