M&A Deal Summary

Tecnoglass Acquires Giovanni Monti and Partners Consulting and Glazing Contractors

On March 7, 2017, Tecnoglass acquired construction company Giovanni Monti and Partners Consulting and Glazing Contractors for 35M USD

Acquisition Highlights
  • This is Tecnoglass’ 1st transaction in the Construction sector.
  • This is Tecnoglass’ largest (disclosed) transaction.
  • This is Tecnoglass’ 4th transaction in the United States.
  • This is Tecnoglass’ 4th transaction in Florida.

M&A Deal Summary

Date 2017-03-07
Target Giovanni Monti and Partners Consulting and Glazing Contractors
Sector Construction
Buyer(s) Tecnoglass
Deal Type Add-on Acquisition
Deal Value 35M USD

Target

Giovanni Monti and Partners Consulting and Glazing Contractors

Miami, Florida, United States
website
Giovanni Monti and Partners Consulting and Glazing Contractors, Inc. is a commercial consulting, glazing and engineering company, specializing in windows and doors for commercial contractors.

Search 193,711 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

Tecnoglass

Barranquilla, Colombia

website


Category Company
Founded 1984
Sector Building Materials
Employees5,583
Revenue 375M USD (2020)
DESCRIPTION

Tecnoglass is a manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries. Tecnoglass is the #1 architectural glass transformation company in Latin America and the second largest glass fabricator serving the United States. Headquartered in Barranquilla, Colombia, the Company operates out of a 2.7 million square foot vertically-integrated, state-of-the-art manufacturing complex that provides easy access to the Americas, the Caribbean, and the Pacific. Tecnoglass supplies more than 800 customers in North, Central and South America, with the United States accounting for approximately 60% of revenues in 2015. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including the El Dorado Airport (Bogota), Imbanaco Medical Center (Cali), Trump Plaza (Panama), Trump Tower (Miami), and The Woodlands (Houston). Tecnoglass was founded in 1984 and is based in Barranquilla, Colombia.


DEAL STATS #
Overall 4 of 4
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Florida) 4 of 4
Country (United States) 4 of 4
Year (2017) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 E.S. Windows

Miami, Florida, United States

E.S. Windows LLC is the largest importer and reseller of Tecnoglass products to the residential and commercial construction industries in the United States, based in Miami, Florida.

Buy $13M