Sun Capital Partners has acquired Arch Aluminum & Glass Co., a bankrupt architectural glass and aluminum fabricator and distributor based in Tamarac, Florida. No financial terms were disclosed.
PRESS RELEASE
We are pleased to announce that an affiliate of Sun Capital Partners, Inc., has acquired Arch Aluminum & Glass Company (“Arch”) through a sale under Section 363 of the U.S. Bankruptcy Code. The purchase price was bridged by an affiliate of Sun Capital Partners, Inc.
Arch, one of North America’s largest arc-hitectural glass and aluminum fabricators and distributors of architectural al-uminum, extrusions, insulated, tempered, mirrors, laminated, and decorative glass, serves the $5.8 billion North American architectural glass industries and focuses its selling efforts on glazing contractors, retail glass shops and OEMs. The Company provides products and services to more than 4,000 customers in the commercial and residential construction markets.
Headquartered in Tamarac, Florida, Arch operates 28 facilities in 15 states and Canada and employs over 1,700 people. For more information please visit www.archaluminum.net.
About Sun Capital: Sun Capital Partners is a leading private investment firm focused on leveraged buyouts, equity, debt and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed over 210 companies worldwide since its inception in 1995, with combined sales in excess of $40 billion. Sun Capital has offices in Boca Raton, Los Angeles and New York, and affiliates with offices in London, Paris, Frankfurt, Shanghai and Shenzhen