M&A Deal Summary

Cornerstone Building Brands Acquires Harvey Building Products

On March 20, 2024, Cornerstone Building Brands acquired building materials company Harvey Building Products from Dunes Point Capital and FS Investments

Acquisition Highlights
  • This is Cornerstone Building Brands’ 10th transaction in the Building Materials sector.
  • This is Cornerstone Building Brands’ 10th transaction in the United States.
  • This is Cornerstone Building Brands’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2024-03-20
Target Harvey Building Products
Sector Building Materials
Buyer(s) Cornerstone Building Brands
Sellers(s) Dunes Point Capital
FS Investments
Deal Type Add-on Acquisition

Target

Harvey Building Products

Waltham, Massachusetts, United States
Harvey Building Products manufactures windows and doors under the Harvey brand name and also distributes siding, roofing and other building products. Harvey Building Products was founded in 1961 and is based in Waltham, Massachusetts.

Search 200,500 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

Cornerstone Building Brands

Cary, North Carolina, United States

Category Company
Founded 1984
Sector Building Materials
Employees20,500
Revenue 4.6B USD (2020)
DESCRIPTION

Cornerstone Building Brands is an integrated manufacturer of metal products for the nonresidential building industry. Cornerstone Building Brands was formed in 1984 and is based in Cary, North Carolina.


DEAL STATS #
Overall 11 of 12
Sector (Building Materials) 10 of 11
Type (Add-on Acquisition) 10 of 11
State (Massachusetts) 1 of 1
Country (United States) 10 of 11
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-17 MAC Metal Architectural

Saint-Hubert, Quebec, Canada

MAC Metal Architectural serves the North American residential and commercial markets with high-end steel siding and roofing products. MAC Metal Architectural is based in Saint-Hubert, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-16 Mueller

Ballinger, Texas, United States

Mueller is a manufacturer of residential metal roofing and components and steel buildings in Texas and the Southwest. Mueller is headquartered in Ballinger, Texas.

Buy -

Seller(S) 2

SELLER

Dunes Point Capital


Category Family Office
Founded 2013
PE ASSETS 1.3B USD
Size Large
Type Sector Focused
DESCRIPTION

Dunes Point Capital is a family office and private investment firm focused on control investments in the industrials sector. Dunes Point Capital was formed in 2013 and is based in Rye, New York.


DEAL STATS #
Overall 7 of 8
Sector (Building Materials) 3 of 3
Type (Add-on Acquisition) 4 of 5
State (Massachusetts) 1 of 1
Country (United States) 7 of 8
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-09 Best in Class Technology Services

Lenexa, Kansas, United States

Best in Class Technology Services is a provider of commercial HVAC aftermarket services including maintenance, repair, and project work. BCTS has 14 locations across seven states and employs over 500 people. Best in Class Technology Services is based in Lenexa, Kansas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-03 Unified

Pennsauken, New Jersey, United States

Unified is a distributor of doors and hardware for commercial, multi-family, healthcare, hospitality, government, education, public, and industrial end market sectors. Unified is based in Pennsauken, New Jersey.

Sell -
SELLER

FS Investments

Philadelphia, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2007
PE ASSETS 19.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

FS Investments is an asset management firm that provides a variety of investment vehicles for retail investors and institutions. FS Investment generally looks to provide senior secured loans, second lien loans and mezzanine financing for private US companies. FS Investments was formerly known as Franklin Square Capital Partners. FS Investments was formed in 2007 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Massachusetts) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Church s Chicken

Atlanta, Georgia, United States

Church's Chicken is a chicken quick-service restaurant serving more than three million customers weekly through restaurants in 22 countries and more than 30 states in the U.S. The Company serves affordable freshly prepared, high-quality, flavorful chicken and tenders with signature sides and handmade, from-scratch biscuits. Church's Chicken was founded in 1952 and is based in Atlanta, Georgia.

Buy -