Branstrator Sunrooms, a Fort Wayne, Ind.-based portfolio company of Resilience Capital Partners, has agreed to merge with Macedonia, Ohio-based Patio Enclosures Inc. No financial terms were disclosed.
Resilience Capital Partners today announced the agreement to merge Branstrator Sunrooms, a Resilience portfolio company, with Patio Enclosures, Inc.
Both companies have a heritage of designing and manufacturing practical and imaginative sunroom and related products. Branstrator Sunrooms, located in Fort Wayne, IN, will continue to supply their range of Sunroom and basement products through their existing dealer network and will be supported by the world class manufacturing, customer service, shipping and design expertise of Patio Enclosures. Patio Enclosures, based in Macedonia, OH, will continue to offer the Patio Enclosures line of Sunroom products through its existing branches, franchises and dealer locations.
“Led by talented people with exceptional vision, the merged company will clearly be one of the best positioned and strongest companies in the sunroom industry and in this home improvement niche. We are confident the employees, customers, suppliers and stakeholders will all benefit from this new position of market leadership,” Said Steven Rosen, Managing Partner and Co-CEO of Resilience Capital Partners.
About Resilience Capital Partners
Headquartered in Cleveland, Ohio, Resilience Capital Partners is a leading private equity firm specializing in investing in lower middle market companies within a broad range of industries. Resilience’s value oriented investment strategy is to acquire companies with solid business prospects in a wide variety of special situations including underperformers, corporate divestitures, turnarounds, and orphan public companies. Since its inception in 2001, Resilience has acquired 16 companies with total revenue in excess of $1.5 billion. For more information, please visit www.resiliencecapital.com.
About Patio Enclosures
Located in Macedonia, OH, Patio Enclosures, Inc., the largest manufacturer and installer of sunrooms in North America, operates 30 branches, 11 franchises, and 10 dealers across the United States and Canada and has more than 750 employee-owners. The company also operates two casual living furniture stores in Macedonia, OH and Pittsburgh, PA. For more than 40 years, Patio Enclosures has been at the forefront of technology developments in the sunroom industry and is the only sunroom company today offering ENERGY STAR(R) rated roof panels, doors, windows and floor panels to provide ultimate comfort and energy efficiency. For more information, please visit www.patioenc.com.