![]() ![]() Citi acted as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to KPS and its affiliates. Morgan Securities LLC acted as financial advisors to CRH plc. We are very excited about OBE’s future opportunities and we have found a great partner in KPS to capture them.”īofA Securities and J.P. Oldcastle BuildingEnvelope is the the pre-eminent supplier of Building Envelope solutions, including custom-engineered curtain wall, architectural windows. We intend to expand our capabilities as a customer-oriented solutions provider in architectural hardware, glass and glazing markets. KPS’ experience with manufacturing businesses and the significant capital resources available will allow us to invest in our commercial and operational growth strategy. We will continue to build on our industry-leading reputation for quality, reliability and product innovation. KPS has an exemplary track record of investing in and improving manufacturing businesses, and we are exceedingly confident that they are the right partner to help us execute on our strategic plan. Liz Haggerty said, “The entire OBE management team looks forward to partnering with KPS as the Company begins its journey as an independent company. We look forward to partnering with OBE’s talented employees and management team under the leadership of President and Chief Executive Officer Liz Haggerty to accelerate the Company’s value creation opportunities.” OBE has demonstrated a strong ability to integrate synergistic acquisitions over the past several decades and we will provide strategic support and capital in pursuit of future growth opportunities. ![]() We will leverage KPS’ decades of manufacturing expertise to create an entrepreneurial culture centered on innovation, continuous improvement and excellent customer experience. We intend to drive profitable growth by providing the Company with the financial resources to invest in commercial and operational excellence. OBE is the only ‘one-stop shop’ for every critical product a glazing industry customer needs, and the Company serves attractive, growing end-markets. Raquel Vargas Palmer, Co-Managing Partner of KPS, said, “We are thrilled to acquire North America’s largest provider of architectural hardware, glass and glazing systems. The Company has over 6,700 employees and operates 84 manufacturing and distribution facilities in five countries. OBE delivers products to a broad customer base of architects, glaziers, contractors and developers serving diversified residential and commercial construction end-markets. Laurence, distributes complementary branded hardware and glazing supplies. The Company manufactures high-performance architectural glass products and aluminum framing systems and, through its subsidiary C.R. Headquartered in Dallas, Texas, OBE is a world-class building products company with significant presence in every major metropolitan statistical area in the United States and Canada. OBE is North America’s leading vertically-integrated manufacturer, fabricator and distributor of architectural hardware, glass and glazing systems. Hathaway for industry conference presentations.Completion of the transaction is expected in mid-2022 and is subject to customary closing conditions and approvals. We assisted in preparing press materials pitched architecture, engineering, and design media and provided speech-writing support service to Mr. In 2013, Bow Bridge helped promote a panel on the future of energy presented at GSAPP and a lecture series at The Philip Johnson Glass House. OBE has been a long time supporter of public programs at Columbia University’s Graduate School of Architecture, Planning and Preservation (GSAPP) as well as at The Philip Johnson Glass House. CEO Edwin (Ted) Hathaway is a much sought-after speaker about advancements in the building industry. OBE is a subsidiary of CRH plc, one of the leading international building products companies. They include: custom-engineered curtain- and window-walls, architectural windows, storefront systems, doors, skylights and architectural glass. Oldcastle BuildingEnvelope® (OBE) is the leading North American supplier of products designed and manufactured to close the building envelope. ![]()
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