GCG Advises on the sale of Midwest Glass Fabricators to Oldcastle BuildingEnvelope®

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GCG Advises on the sale of Midwest Glass Fabricators to Oldcastle BuildingEnvelope®

Greenwich Capital Group (“GCG”) is pleased to announce its role as the exclusive financial advisor to Midwest Glass Fabricators, Inc. (“Midwest Glass” or the “Company”) on its sale to Oldcastle BuildingEnvelope, Inc. (“OBE”). This transaction adds to GCG’s extensive experience in the building products and manufacturing sectors.

About the Transaction

Founded in 1989 by the Iaquinto family, Midwest Glass has grown into one of the leading glass fabricators in the Midwest through sustained expansion of its capabilities and continual reinvestment into the business. Headquartered in Highland, Michigan, Midwest Glass today specializes in manufacturing commercial and consumer architectural glass products for a diverse set of long-term customers.

“Midwest Glass has built an impressive business rooted in exceptional product quality, reliability, and customer service,” said Bruno Biasiotta, Chief Executive Officer of OBE. “Our customers and partners will benefit from the combined expertise of OBE and Midwest Glass through a broader portfolio of products, expanded geographic coverage, and access to OBE’s industry-leading tools and services.”

“Joining OBE is a transformational milestone for Midwest Glass. This partnership will provide growth opportunities for our employees and enhance our ability to continue serving our loyal customer base built over three decades,” said Pat Iaquinto, Co-Founder of Midwest Glass. “We greatly appreciate the consistent efforts of the GCG team throughout the course of the transaction. Their experience ensured a rigorous, disciplined process and helped us achieve an excellent outcome for our family.”

“We are thrilled to welcome Midwest Glass and its dedicated employees to the OBE family,” added Biasiotta. “This acquisition further demonstrates OBE’s proven track record of successfully partnering with family-owned businesses and providing them with strategic capital and resources required to pursue future growth opportunities.”

“The Iaquintos have built an exceptional business over the last 35 years based on a foundation of tremendous commitment to their employees and customers. We were excited to help them find the best partner for the Company’s next phase of growth, and OBE’s platform is an ideal fit for Midwest Glass going forward,” said Brian Hock, Managing Director of GCG.

About Midwest Glass Fabricators, Inc.

Midwest Glass Fabricators, Inc. is a leading independent fabricator and distributor of architectural glass and aluminum products, serving glazing contractors, manufacturers, and glass retailers throughout the Midwest. Midwest Glass is headquartered in Highland, Michigan, and operates a distribution facility in Louisville, Kentucky. Midwest Glass employs approximately 180 employees. For more information, visit www.mwgf.com.

About Oldcastle BuildingEnvelope®, Inc.

Oldcastle BuildingEnvelope, Inc. is North America’s leading vertically integrated manufacturer, fabricator, and distributor of architectural hardware, glass, and glazing systems. Headquartered in Dallas, Texas, OBE is a world-class building products company with a significant presence in every major market in the U.S. and Canada. OBE manufactures high-performance architectural glass products and aluminum framing systems and distributes complementary hardware and glazing supplies. OBE delivers products to a broad customer base of architects, glaziers, contractors, and developers serving diversified residential and commercial construction end markets. With approximately 7,000 employees, OBE operates 87 manufacturing and distribution facilities in five countries. For more information, visit www.obe.com.

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