Consolidated Glass Holdings, an Affiliate Company of Grey Mountain Partners, Has Acquired the Assets of Shaw Glass Company
Consolidated Glass Holdings, Inc. (“CGH”), an affiliate company of Grey Mountain Partners (“Grey Mountain”), has acquired the assets of Shaw Glass Company, Inc. d/b/a Solar Seal. Solar Seal is a leading designer and manufacturer of both common and complex fabricated architectural glass products. The company provides its comprehensive product offering to architects and glazing contractors and has capabilities that include cutting, edging, drilling, fabricating (notching, cut outs, etc.), sandblasting, tempering, insulating, and adding spandrel to glass products. Solar Seal is a Guardian and PPG certified fabricator with a leading presence in the Northeast region of the United States. The company is located near Boston and has almost 100,000 square feet of space.
Tom Ryan, CEO of CGH, said, “With its long-standing customer relationships, a state-of-the-art facility, and an extensive product offering Solar Seal has developed a strong reputation for quality and service. As a third-generation family-owned business, we are thrilled to have this outstanding team to bolster CGH's presence in the New England market and we will work with the Shaw family to continue to grow the business. We look forward to continuing to expand CGH through additional acquisitions of high-quality assets and businesses and by partnering with strong management teams.”
“We are delighted to join the CGH family,” said Rick Shaw, President of Solar Seal. “We remain dedicated to providing our customers with exceptional products and customer service as we share the breadth of the CGH portfolio to expand our capabilities.”
Beth Lesniak, Vice President of Grey Mountain, said, “The acquisition presents substantial opportunity to continue to grow our presence in the architectural glass market, and we plan to further invest in the future of CGH through strategic acquisitions.”
About Consolidated Glass Holdings
Consolidated Glass Holdings, Inc. is a fabricator and distributor of impact resistant glass, architectural glass, metals and specialty products for the commercial and residential building maintenance, renovation, and construction markets. CGH corporate headquarters are located in Denver, Colorado. For more information, please contact Carole Kagiyama at (720) 259-2452.
About Solar Seal
Solar Seal designs and manufactures a range of glass products, specializing in insulated glass and tempered glass. The company also provides comprehensive design services and technical support. Solar Seal was founded in 1950 and is a Guardian Select Fabricator and a PPG Certified Fabricator. For more information, please visit www.solarseal.com.
About Grey Mountain Partners
Grey Mountain Partners is a Boulder, Colorado-based private equity firm that focuses on partnering with management to create lasting value through operational improvements and buy and build strategies in fragmented markets. Grey Mountain invests in lower middle-market companies across a wide range of industries. For more information, please visit www.greymountain.com.
Grey Mountain Partners
Jason Urband, (303) 449-0269