MIDDLETON, Wis., Jan. 6, 2016 /PRNewswire/ -- Springs Window Fashions, LLC (Springs) is very pleased to announce the acquisition of SunSetter Products Limited Partnership (SunSetter). The transaction closed January 6, 2016. Terms of the transaction were not disclosed.
Headquartered in Malden, Mass., SunSetter is an industry-leading manufacturer of retractable patio awnings and other sun control products. Since its founding in 1988, SunSetter has sold over 700,000 awnings through its extensive distribution network. Today, SunSetter is a nationally recognized brand known for its high-quality product offerings and exceptional customer service.
"The SunSetter management team and their go-to-market strategies will remain intact as we work together to build both businesses," said Scott Fawcett, president and CEO of Springs.
Ido Eilam, CEO of SunSetter, stated: "The partnership with Springs will allow SunSetter to share the lifestyle benefits of awnings with more homeowners across America. We look forward to making this partnership a success for both companies."
Peter J. Solomon Company served as exclusive financial adviser to SunSetter. Foley Hoag LLP served as SunSetter's legal counsel. RBC Capital Markets served as exclusive financial adviser to Springs. Kirkland & Ellis LLP served as legal counsel to Springs.
Springs Window Fashions, the Best Experience Company, supplies leading retailers and distributors with a complete line of blinds, shades, specialty treatments and window hardware. Bali ® and Graber® are brands of Springs Window Fashions. Based in Middleton, Wis., the company has facilities in nine locations in the United States and Mexico and employs approximately 7,000 associates. For more information, visit www.springswindowfashions.com.
SOURCE Springs Window Fashions, LLC