Associated Materials, a Cuyahoga Falls, Oh.-based manufacturer, announced its completed purchase by Hellman & Friedman from former investors Harvest Partners and Investcorp. The deals is reportedly valued at $1.3 billion.
Associated Materials, LLC, a leading, vertically integrated manufacturer and distributor of exterior residential building products in the United States and Canada, announced today that affiliates of Hellman & Friedman LLC have completed their purchase of Associated Materials. The planned acquisition from its former investors, which included affiliates of Harvest Partners and Investcorp and other minority shareholders, first was announced on September 8, 2010.
About Associated Materials
Associated Materials is a leading, vertically integrated manufacturer and distributor of exterior residential building products in the United States and Canada. The company’s core products include vinyl windows, vinyl siding, aluminum and steel siding, and accessories. The Company’s products are marketed on a wholesale basis to more than 50,000 independent contractors through a network of 119 company-operated supply centers and approximately 250 independent distributors across the U.S. and Canada. The Company’s brand names include Alside®, Revere® and Gentek®. For more information, please visit the Company’s website at www.associatedmaterials.com.
About Hellman & Friedman
Hellman & Friedman LLC is a leading private equity investment firm with offices in San Francisco, New York and London. Since its founding in 1984, Hellman & Friedman has raised over $25 billion of committed capital. The Firm focuses on investing in superior business franchises and serving as a value-added partner to management in select industries including energy & industrials, software, business & marketing services, internet & digital media, financial services, insurance, media, and healthcare. Recent investments include: Goodman Global, Inc., Catalina Marketing Corporation, Getty Images, Inc., Kronos Incorporated, Datatel, Inc., and Sedgwick CMS. For more information on Hellman & Friedman, visit www.hf.com.