PrimeSource Brands, a North American provider of specialty branded building products backed by Clearlake Capital Group, L.P. (鈥淐learlake鈥�), announced that it has acquired Fortress Railing Products (鈥淔ortress Railing鈥�, or the 鈥淐ompany鈥�), a leading provider of railing systems designed for performance and ease-of-installation. The transaction represents PrimeSource Brands鈥� ninth acquisition since partnering with Clearlake in December 2020. Financial terms were not disclosed.
Based in Garland, TX, Fortress Railing specializes in designing and distributing customizable steel, aluminum, cable, and glass railing systems, including infills, balusters, handrails, lighting, and accessories.
鈥淔ortress Railing has been a leader in the outdoor living segment for over 20 years, recognized for quality, durability, versatility, and ease of installation. The PrimeSource Brands team is eager to collaborate with management to further develop the current outdoor living portfolio,鈥� said Tom Koos, CEO of PrimeSource Brands. 鈥淭he Fortress Railing team has developed an impressive assortment of products and intellectual property that complement our existing RailFX, Ultra-Tec, CityPost, and Keylink offerings.鈥�
鈥淭he acquisition of Fortress Railing Products represents another successful step forward in our strategy to scale PrimeSource Brands through both organic growth and acquisitions,鈥澛爏aid Jos茅 E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, of Clearlake. 鈥淎s our third acquisition in the railing category, the team is excited to utilize our聽O.P.S.庐 playbook to further enhance PrimeSource鈥檚 offering within the building products industry.鈥�
Massumi + Consoli LLP provided legal counsel to PrimeSource Brands and Clearlake. Stifel, Nicolaus and Company, Inc. served as the exclusive financial advisor to Fortress Railing Products.
