M&A Deal Summary

IBP Solutions Acquires Masonite International - Architectural Business Segment

On April 24, 2024, IBP Solutions acquired construction company Masonite International - Architectural Business Segment from Masonite International

Acquisition Highlights
  • This is IBP Solutions’ 1st transaction in the Construction sector.
  • This is IBP Solutions’ 1st transaction in the United States.
  • This is IBP Solutions’ 1st transaction in Florida.

M&A Deal Summary

Date 2024-04-24
Target Masonite International - Architectural Business Segment
Sector Construction
Buyer(s) IBP Solutions
Sellers(s) Masonite International
Deal Type Divestiture

Target

Masonite International - Architectural Business Segment

Tampa, Florida, United States
Masonite International's Architectural Business Segment provides architectural services based in Tampa, Florida.

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Buyer(S) 1

Buyer

IBP Solutions

Evanston, Illinois, United States

Category Company
Sector Business Services
DESCRIPTION

IBP Solutions is a provider of business services. IBP Solutions is based in Evanston, Illinois.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Masonite International

Tampa, Florida, United States

Category Company
Founded 1925
Sector Building Materials
Employees10,300
Revenue 2.9B USD (2022)
DESCRIPTION
Masonite International's corporate headquarters in Tampa, Florida.
Masonite International's corporate headquarters in Tampa, Florida.

Masonite International is a designer and manufacturer of interior and exterior doors for residential construction, residential repair, renovation, and remodeling and the non-residential building construction markets. Masonite International was founded in 1925 and is based in Tampa, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-19 Fleetwood

Corona, California, United States

Fleetwood is a designer and manufacturer of premium, aluminum-framed glass door and window solutions for luxury homes. The products include multi-slide and pocket glass patio doors, pivot and hinged glass entry doors, and folding glass door wall systems, as well as accompanying premium window products. Fleetwood was founded in 1961 and is based in Corona, California.

Buy $285M