Jun 19, 2015, 08:30 ET
CLEVELAND, June 19, 2015 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, is pleased to announce the sale of GED Integrated Solutions, Inc. ("GED" or the "Company") to Altus Capital Partners. The transaction represents another successful engagement for BGL's Industrials Practice including its Building Products and Capital Equipment sector groups. The specific terms of the transaction were not disclosed.
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GED Integrated Solutions is the North American market share leader in fully integrated and highly automated vinyl and wood residential window and patio door manufacturing systems, software, and services, including the Intercept® warm edge spacer production system. With over 150 patents, GED has been the innovation leader for more than 30 years, developing and commercializing some of the most prevalent products in the window and patio door manufacturing industry that streamline manufacturing processes by dramatically lowering production costs, increasing operational throughput and efficiency, and improving quality. The largest residential window and patio door manufacturers in North America rely on GED's proprietary equipment and software solutions.
Bill Weaver, GED's chief executive officer, said, "BGL's knowledge of the global window and door manufacturing and building products industry were instrumental in this transaction. They clearly understand our end markets as well as our automated production systems and solutions that we sell to customers domestically and internationally. We look forward to our partnership with Altus Capital Partners."
Andrew Petryk, managing director & principal with BGL, said, "We enjoyed working with the team at GED. We are pleased to have been able to leverage our deep experience in the building products industry to complete this successful transaction."
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Consumer Products & Retail Services, Environmental & Energy Services, Healthcare & Life Sciences, Human Capital Management Outsourcing, Industrials, Metals & Metals Processing, Plastics & Packaging, and Real Estate. BGL has offices in Chicago and Cleveland and real estate offices in Irvine and San Antonio, in addition to Global M&A partner offices in more than 50 countries across 5 continents, which allows us to deliver to our clients unparalleled access to corporations, investors, and opportunities globally. For more information, please visit www.bglco.com.
SOURCE Brown Gibbons Lang & Company
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