Wynnchurch Capital has acquired Renton, Washington-based Trimlite Mfg, a maker and distributor of residential doors and related door products. No financial terms were disclosed. The seller was TriWest Capital Partners, a Canadian private equity firm, which bought Trimlite in 2016.
ROSEMONT, Ill.–(BUSINESS WIRE)–Wynnchurch Capital, L.P. (“Wynnchurch”) announced today that it has acquired Trimlite Mfg Inc. (“Trimlite” or the “Company”). Trimlite is a leading manufacturer and distributor of residential doors and related door products. Founded in 1982 and headquartered in Renton, Washington, Trimlite has developed a strong presence in the U.S. and Canada by providing high quality products and value-added services to its diverse network of wholesale distributors, dealers, local door retailers, and OEM customers.
“Over the years we have developed a strong reputation in the market for providing our customers with exceptional service, quick lead times and a broad offering of quality door products. Wynnchurch shares our commitment to putting the customers first and we are excited to partner with them as we pursue our next phase of growth,” said Patrick Hooper, CEO of Trimlite.
Brian Crumbaugh, Partner at Wynnchurch, said, “Since its founding, Trimlite’s commitment to customer service has allowed the Company to successfully broaden its product offering and expand into new geographies. We are excited to partner with Patrick and the entire Trimlite management team to continue growing the business.” Kevin Hanley, Vice President at Wynnchurch, added, “Trimlite is well positioned to benefit from strong market tailwinds, and we look forward to partnering with management to pursue attractive organic and inorganic growth opportunities.”
Wynnchurch is actively seeking investment opportunities for its $2.277 billion Fund V. In September, Wynnchurch made its first Fund V platform equity investment when it acquired Labrie Environmental Group, a leading manufacturer of refuse collection vehicles across North America. Other recent Wynnchurch investments include: Northern Wholesale Supply, a leading provider of RV and marine parts and accessories, The Wheel Group, a leading designer and distributor of branded aftermarket wheels, specialty tires and related accessories; and Drew Foam Companies, a leading manufacturer of custom fabricated and molded expanded polystyrene products.
Founded in 1982, Trimlite Mfg Inc. is a manufacturer and distributor of residential doors and related door products in North America. The Company supplies a broad offering of interior and exterior door slabs, prehung doors, door glass and doorlites, and other related products which are sold through its network of wholesale distributors, dealers and OEM customers. For more information, please visit: https://www.trimlite.com.
About Wynnchurch Capital:
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California, New York, and an affiliate in Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $4.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: https://www.wynnchurch.com.