ATLANTA, May 21, 2019 /PRNewswire/ -- TM Capital is
pleased to announce that SSI Consolidated Holdings, Inc. d/b/a
Consolidated Glass Holdings (a portfolio company of Grey Mountain
Partners, LLC) has sold its wholly-owned NASG Holdings Inc.
subsidiary ("NASG") to Custom Glass Solutions, LLC, a portfolio
company of Stellex Capital Management ("Stellex"). TM Capital
served as exclusive financial advisor to Consolidated Glass in
connection with this transaction.
The divestiture of NASG is the most recent in a series of
extraordinary outcomes engineered by TM Capital in the building
materials and specialty glass industries. Most recently, TM
Capital served as exclusive financial advisor to Oldcastle Building
Envelope, Inc. (Oldcastle) in the
sale of its Toronto-based
fenestration subcontracting business unit - Antamex International,
Inc. (Antamex) - to O3 Industries LLC. Antamex provides
custom high-performance unitized glass façade solutions and
engineering design services for commercial, institutional, high-end
residential and mixed-use projects across North America.
TM also recently served as exclusive financial advisor to West
Shore Home ("West Shore") in the acquisition of Bryton's Home
Improvement. West Shore has developed a highly differentiated
platform combining robust lead generation strategies, high touch
in-home consultation, access to exclusive West Shore-branded
products and one-day installation provided by an in-house team of
installers. TM Capital also arranged financing in connection
with the Bryton's acquisition.
"These three transactions highlight both the breadth of
capabilities at TM Capital as well as our deep domain expertise in
the building materials and specialty glass sectors," said
Jerome Romano, Managing Director at
TM. "Our extensive experience and relationships enable us to
tailor solutions to fit our clients' situations; from executing
complicated divestitures for Consolidated Glass and Oldcastle to negotiating a transformational
acquisition and arranging the necessary financing for West Shore
Home."
Romano continued: "We believe that the building products arena
offers a compelling investment opportunity supported by attractive
long-term demographic trends and technological advancements in both
the residential and commercial segments."
TM Capital Corp.
Founded in 1989, TM Capital is the
client-first investment banking team advising industry leading
companies across North America and
around the world. In everything we do, our professionals share a
relentless commitment to engineering extraordinary outcomes with an
unmatched standard of client care. Over the last three decades, we
have completed more than 300 transactions with a combined value in
excess of $20 billion. With offices
in Atlanta, Boston and New
York, our mission critical capabilities include: complex
mergers and acquisitions; debt and equity financings; minority and
majority recapitalizations; restructurings; and board advisory
services. TM Capital is also a founding member firm of Oaklins, the
world's most experienced mid-market M&A advisor with
700 M&A professionals in 60
offices operating in the major financial centers around the world.
For more information, please visit www.tmcapital.com.
Contact: Emily Langdon, (404)
995-6231, elangdon@tmcapital.com
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SOURCE TM Capital Corp.