Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Five Lakes Manufacturing (Five Lakes), a manufacturer of interior architectural wood doors, to Valesco Industries, a Dallas-based private equity firm. BGL鈥檚 聽team served as the exclusive financial advisor to Five Lakes Manufacturing in the transaction. The terms of the transaction were not disclosed.
Founded in 1994 and headquartered in Clinton Township, Michigan,聽聽provides a broad range of best-in-class architectural wood doors to a diverse set of commercial end markets including education, hospitality, healthcare, entertainment, office, and others. The Company supports a large network of one-step and two-step distribution customers across North America and is renowned for delivering high-quality solutions that meet stringent customer specifications and lead time requirements.
The acquisition positions Five Lakes for growth in a fragmented market with an opportunity to leverage recent investments in new state-of-the-art machinery to expand relationships with existing customers and penetrate聽underserved geographies.
BGL鈥檚 Building Products investment banking team is highly experienced in the commercial, residential, and infrastructure segments. We have successfully completed building products聽聽transactions across a wide range of end markets, from basic building materials such as aggregates, lumber, and pavers and pre-cast products to complex fenestration extrusions, glass fabrications, curtain wall, and highly engineered specialty coatings. Our expertise also extends to key interior and exterior products, including windows and doors, flooring, cabinetry, and other essential building components.
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