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PWP Growth Equity Completes Sale of Western Window Systems

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First Exit from PWP Growth Equity Fund I Reinforces Growth Strategy

PWP Growth Equity, the middle market private equity group of Perella
Weinberg Partners, today announced that it has completed the sale of
Western Window Systems to PGT Innovations, Inc. for $360 million in
cash, subject to customary purchase price adjustments. The sale of
Western Window Systems (WWS), a premier door and window manufacturer, is
the first exit from PWP Growth Equity's Fund I, which closed in October
2014. PWP Growth Equity acquired Western Window Systems in August 2015
in partnership with Scott Gates and the WWS management team.

David Ferguson and Chip Baird, Co-Heads of PWP Growth Equity, said, "We
are proud to have partnered with WWS to expand its business and
reinforce its market leading position. Over the past three years, we
have worked alongside Scott and the outstanding leadership team
executing on its aggressive growth plans and realizing its growth
ambitions. As they enter the next phase in the evolution of their
business, we are confident that the business is well-positioned for
strong continued growth, building on its track record of profitability
and expansion throughout the U.S."

"The team at PWP Growth Equity partnered with our business in 2015 at a
critical juncture in our company's history," said Scott Gates, President
and Chief Executive Officer of Western Window Systems. "At the time, we
were a business thriving regionally, with big aspirations for rapid
geographic and channel expansion across North America. PWP joined our
leaders and helped us refine our vision, define our right to win, and
shape our long term strategy. Their bullish belief in our team, our
culture, and our strategic plan was reinforced by an aggressive
investment strategy that brought breakthrough innovation to the market,
and outstanding returns for our shareholders. As a result of their
leadership and support, our company is poised to continue growing well
into the future."

About PWP Growth Equity

PWP Growth Equity is the middle market private equity group of Perella
Weinberg Partners, managed by Chip Baird and David Ferguson. PWP Growth
Equity manages private equity funds with aggregate commitments of $1.35
billion focused on growth-oriented, lower middle market companies,
primarily in the United States, across the consumer, services, and
industrial sectors. PWP Growth Equity seeks to partner with existing
owners and management teams, providing both capital and experience in a
tailored and flexible structure, to support the growth plans and vision
for value creation. PWP Growth Equity investments include: The RealReal,
360training, Delphon Industries, Luna Grill, Hyphen Solutions, Black
Bear Diner, MOD Pizza, Build-A-Sign, MSA Security, and YouFit Health
Clubs. For more information on PWP Growth Equity, please visit http://www.pwpgrowthequity.com.

About Perella Weinberg Partners

Perella Weinberg Partners is a leading independent, client-focused
financial services firm providing advisory, asset management and energy
securities research, underwriting and trading services to a broad,
global client base, including corporations, institutions and
governments. Together with its affiliates, the Asset Management business
has capital commitments and managed assets of approximately $14.7
billion. With more than 650 employees, Perella Weinberg Partners
maintains offices in New York, Houston, London, Abu Dhabi, Austin,
Calgary, Chicago, Denver, Dubai, Los Angeles, and San Francisco. For
more information on Perella Weinberg Partners, please visit http://www.pwpartners.com.

About Western Window Systems

Founded in Phoenix in 1959, Western Window Systems designs and
manufactures door and window systems that bring indoor/outdoor spaces
together. Inspired by modern living, their high-quality products are
available in custom sizes, standardized sets, and massive dimensions for
unlimited design possibilities in residential, prefab, retail,
commercial, and educational projects. From superior craftsmanship and
timeless design to exceptional customer service, Western Window Systems
is a preferred choice of architects, builders, and homeowners throughout
North America.

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