Hawkins Architectural Products, a new holding company from Grey Mountain Partners, has acquired nearly all of the assets of the flat glass division of Hawkins Glass Wholesalers. Financial terms were not announced. Stafford, Va.-based Hawkins Glass mainly serves the Mid-Atlantic region. Boulder, Colo.-based Grey Mountain is a PE firm that invests in lower middle-market companies.
Grey Mountain Partners (“Grey Mountain”), through its wholly owned entity Hawkins Architectural Products, LLC (“Hawkins Architectural Products” or the “Company”), has acquired substantially all of the assets of the flat glass division of Hawkins Glass Wholesalers, L.L.C. (“Hawkins Glass Wholesalers”). Hawkins Architectural Products is a leading fabricator, seller and distributor of flat glass and acrylic products for the construction and glazing industries. The Company has operations in Stafford, Virginia, and serves a customer base primarily located in the Mid-Atlantic.
Beth Lesniak, Vice President of Grey Mountain, said, “We are very excited about the addition of Hawkins Architectural Products to our growing presence in the architectural glass and metal fabrication space. The acquisition allows us to continue to grow our footprint and better serve our customers by offering additional products from our other related companies. The Hawkins flat glass division has a strong reputation in its markets, and has built long-standing customer relationships that we look forward to continuing to support and grow by offering quality products and superior customer service.”
ABOUT HAWKINS ARCHITECTURAL PRODUCTS, LLC
Hawkins Architectural Products, LLC is a fabricator, seller and distributor of flat glass and acrylic products, including mirrored, laminated, tempered, heat strengthened, annealed, cut, beveled or machined glass products, for the construction and glazing industries. Hawkins Glass Wholesalers was originally founded in 1932 and primarily services the Mid-Atlantic region.
ABOUT GREY MOUNTAIN PARTNERS
Grey Mountain Partners is a Boulder, Colorado-based private equity firm that focuses on partnering with management to create lasting value through operational improvements and buy and build strategies in fragmented markets. Grey Mountain invests in lower middle-market companies across a wide range of industries and in transactions with enterprise values between $30 million and $150 million. For more information, please visit www.greymountain.com.