M&A Deal Summary

Apogee Acquires Alumicor

On November 5, 2013, Apogee acquired building materials company Alumicor from Fulcrum Capital Partners for 52M USD

Acquisition Highlights
  • This is Apogee’s 1st transaction in the Building Materials sector.
  • This is Apogee’s 3rd largest (disclosed) transaction.
  • This is Apogee’s 1st transaction in Canada.
  • This is Apogee’s 1st transaction in Ontario.

M&A Deal Summary

Date 2013-11-05
Target Alumicor
Sector Building Materials
Buyer(s) Apogee
Sellers(s) Fulcrum Capital Partners
Deal Type Add-on Acquisition
Deal Value 52M USD
Advisor(s) Piper Jaffray Companies (Financial)

Target

Alumicor

Toronto, Ontario, Canada
website
Alumicor is a manufacturer and supplier of architectural aluminum building products, serving the institutional, commercial and industrial market place across Canada.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Apogee

Minneapolis, Minnesota, United States

website


Category Company
Founded 1949
Sector Building Materials
Employees5,500
Revenue 1.3B USD (2022)
DESCRIPTION

Apogee provides distinctive solutions for enclosing buildings and framing art. The company is organized in four segments, with three of the segments serving the commercial construction market. The Architectural Glass segment consists of the leading fabricator of coated, high-performance architectural glass for global markets. The Architectural Services segment consists of one of the largest U.S. full-service building glass installation and renovation companies. The Architectural Framing Systems segment companies design, engineer, fabricate and finish the aluminum frames for window, curtainwall and storefront systems that comprise the outside skin of buildings. The Large-scale optical segment consists of a value-added glass and acrylic manufacturer primarily for the custom picture framing market. Apogee Enterprises was founded in 1949 and is headquartered in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 3
Sector (Building Materials) 1 of 3
Type (Add-on Acquisition) 1 of 2
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2013) 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Sotawall

Brampton, Ontario, Canada

Sotawall, Inc. is a designer and fabricator of high-performance, unitized curtainwall systems for commercial construction projects in North America.

Buy $135M

Seller(S) 1

SELLER

Fulcrum Capital Partners

Vancouver, British Columbia, Canada

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2011
PE ASSETS 1.3B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

Fulcrum Capital Partners is a private equity firm focused on middle-market company acquisitions in Canada. The Firm looks to invest $10 to $35 million in companies generating up to $250 million in revenue. Industries of interest include services, manufacturing, consumer products, distribution, food, and retail. Prospective transaction situations include successions, growth capital financings, consolidations, buyouts, take privates, and pre-IPO financings. Fulcrum Capital Partners was formed in 2011 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 13
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Ontario) 1 of 5
Country (Canada) 1 of 13
Year (2013) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-03 Nilex

Edmonton, Alberta, Canada

Nilex provides construction materials, technologies and services to the civil, resource and environmental industries, which lessen the environmental impact and lower the cost of construction projects. Nilex was founded in 1977 and is based in Edmonton, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-02 Jump.Ca

Regina, Saskatchewan, Canada

Jump.Ca is an independent seller of wireless products and services, including mobile phones, wireless data solutions, high speed internet, interactive television and monitored security systems. Jump.Ca was founded in 1990 and is based in Regina, Saskatchewan.

Sell -