M&A Deal Summary

Drum Capital Management and Trident Management Acquire Excel Door

On February 9, 2022, distressed investor Drum Capital Management and private equity firm Trident Management acquired building materials company Excel Door

Acquisition Highlights
  • This is Drum Capital Management’s 3rd and Trident Management’s 1st transaction in the Building Materials sector.
  • This is Drum Capital Management’s 5th and Trident Management’s 1st transaction in the United States.
  • This is Drum Capital Management’s 1st and Trident Management’s 1st transaction in Alabama.

M&A Deal Summary

Date 2022-02-09
Target Excel Door
Sector Building Materials
Buyer(s) Drum Capital Management
Trident Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Excel Door

Hartselle, Alabama, United States
Excel Door is an interior wooden doors manufacturer that produces more than 20,000 doors per week and is known for exceptional product quality, faster order fulfillment rates, and excellent customer service. The Company sells to a diverse range of wholesale building product customers that supply builders across the spectrum of new construction and remodeling for single and multi-family residences. Excel Door was founded in 2011 and is based in Hartselle, Alabama.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 2

DESCRIPTION

Drum Capital Management is a distressed investment firm focused on primary fund commitments as well as direct, and co-investment opportunities. The Firm's primary fund investment group looks to invest in GPs targeting deep value buyouts, carve-outs, forced sales, or other special situations. The Firm's direct investment team targets control positions in North American businesses with $5 to $20 million of EBITDA and valued up to $100 million. Drum's co-investment criteria spans companies with up to $100 million of EBITDA and valued up to $750 million. Drum Capital Management was formed in 2004 and is headquartered in Stamford, Connecticut.


DEAL STATS #
Overall 5 of 5
Sector: Building Materials M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 3
State: Alabama M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-01 Showcase

Missouri City, Texas, United States

Showcase manufactures vinyl windows and doors, and distributes fiberglass composite doors for the residential market throughout the Gulf Coast. Showcase benefits from broad product offerings, desired value-add custom services and has developed an attractive niche of providing hurricane impact resistant products. Showcase was founded in 1994 and is based in Missouri City, Texas.

Buy -
DESCRIPTION

Trident Management is a private investment group focused on lower middle-market consumer, healthcare, and industrial companies with $10 to $100 million in revenue. The Firm uses a data-driven approach to source opportunities and looks for businesses with a history of profitability, defensible market positions, and stable revenue streams. Trident Management was formed in 2018 and is headquartered in New York City.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: Alabama M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1