M&A Deal Summary

Seven Point Equity Partners Acquires RiteScreen

On June 17, 2014, private equity firm Seven Point Equity Partners acquired building materials company RiteScreen from J.T. Walker Industries

Acquisition Highlights
  • This is Seven Point Equity Partners’ 1st transaction in the Building Materials sector.
  • This is Seven Point Equity Partners’ 1st transaction in the United States.
  • This is Seven Point Equity Partners’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2014-06-17
Target RiteScreen
Sector Building Materials
Buyer(s) Seven Point Equity Partners
Sellers(s) J.T. Walker Industries
Deal Type Divestiture

Target

RiteScreen

Elizabethville, Pennsylvania, United States
RiteScreen produces screens for the window and patio door industry. RiteScreen offers window screens, extruded window screens, screens separate and screens installed programs, custom, and stock muntin bars, roller system screen doors, premium patio screens, top rolling patio screens, and dual patio screen systems. RiteScreen was founded in 1947 and is based in Elizabethville, Pennsylvania.

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Buyer(S) 1

Buyer

Seven Point Equity Partners

Investor Investor

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Seven Point Equity Partners LLC is a private investment firm focused on controlling equity investments in lower middle market companies, principally in North America. Seven Point looks to invest between $15 to $75 million for companies generating sales of $25 to $300 million, EBITDA up to $30 million and valued between $25 to $250 million. Sectors of interest include building materials, business services, consumer products, financial services, manufacturing, and medical products. Seven Point Equity Partners is based in Westport, Connecticut.

DEAL STATS #
Overall 1 of 3
Sector (Building Materials) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 3
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Venice Holdings

Westport, Connecticut, United States

Venice Holdings LLC is a holding company to acquire business-to-business and business-to-consumer trade shows in the manufacturing, technology, energy, environmental, transportation, infrastructure, medical, pharmaceutical, and other sectors. Venice Holdings was founded in 2016 and is based in Westport, Connecticut.

Buy -

Seller(S) 1

SELLER

J.T. Walker Industries

Clearwater, Florida, United States
Category Company
Founded 1997
Sector Manufacturing
DESCRIPTION

J.T. Walker Industries, Inc. manufactures doors, storm windows, screens, frames, and other miscellaneous metal products. It also manufactures plastic molded products.

DEAL STATS #
Overall 2 of 2
Sector (Building Materials) 2 of 2
Type (Divestiture) 1 of 1
State (Pennsylvania) 2 of 2
Country (United States) 2 of 2
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-01 MI Windows and Doors

Gratz, Pennsylvania, United States

MI Windows and Doors LLC is a supplier of precision-built and energy-efficient vinyl and aluminum windows and sliding patio doors. The company offers a broad spectrum of products for both the new construction and replacement markets. MI was formed in 1947 and is based in Gratz, Pennsylvania.

Sell -
Mergr

Product

Company

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