Houston-based Momentum Exterior Systems, a glass and glazing company, has secured an undisclosed amount of funding. The investor was Tulcan, a lower middle-market private equity firm.
HOUSTON, Dec. 14, 2017 /PRNewswire/ — Momentum Exterior Systems (“Momentum”) has received a growth capital investment from Tulcan, a private equity firm that invests in leading growth-oriented, lower middle-market companies. Momentum’s founder and owner, Omar Maalouf, is partnering with Tulcan for this transaction and will retain substantial ownership and operational leadership of the company he built.
Houston-based Momentum Exterior Systems is a leading, turnkey glass and glazing company. Momentum delivers a complete line of design, manufacture and install services to meet the most demanding exterior and interior applications for commercial building projects in education, healthcare, municipal, office, multi-family and airport end markets.
Omar Maalouf, who will continue in his role as CEO of Momentum Exterior Systems, noted, “Momentum is excited to partner with Tulcan for the continued growth of our business, but we’re especially excited for what this means for our customers. This investment from Tulcan will allow us to significantly upgrade our facilities, automate our fabrication equipment and increase our capacity. Most of all, this underscores our long-term commitment to be a leader in quality, service and on-time delivery.” Omar added about Tulcan,
“We’re proud to partner with a firm that has a focus on taking businesses like ours to the next level.”
Tulcan’s David Hartland remarked, “Momentum is an impressive company and an exciting success story. It fits squarely within Tulcan’s strategy of partnering with talented management teams to drive further growth. We are proud to partner with Omar Maalouf and consider him the perfect partner for us given his character, successful track record and passion for his business. We’re here for the long-term to provide strategic and financial resources to support of management’s vision of being the most dependable, high-quality leader in the Texas market.”
About Momentum Exterior Systems
Founded in 2011 by glazing industry veteran, Omar Maalouf, Momentum Exterior Systems provides exterior and interior and glass and glazing solutions to the Texas region. Since its founding, Momentum has achieved 50 percent average year-over-year growth and helped build some of the region’s most notable buildings. Momentum proudly counts most of the region’s top-tier builders as its customers.
Founded in 2005, Tulcan is a lower middle-market private equity firm based in Houston. Tulcan has established a successful track record investing and operating companies and executing add-on acquisitions across several different industries with our experienced team and culture of integrity.