Deal Details

Unified Door and Hardware Is Acquired by FBM

Industrial

Unified, a portfolio company of DPC, sale to FBM, a portfolio company of American Securities and CD&R

Summary

Unified Door and Hardware Group, LLC (“Unified Door and Hardware” or “Unified”), a portfolio company of Dunes Point Capital (“DPC”), was recently acquired by Foundation Building Materials, Inc. (“Foundation Building Materials” or “FBM”), a portfolio company of American Securities and Clayton, Dubilier and Rice (“CD&R”). Terms of the transaction were not disclosed.

Baird served as the lead financial advisor to Unified Door and Hardware Group on this transaction.

About

Unified Door and Hardware is a value-add distributor of doors and related hardware for commercial building applications. Unified serves the commercial, multi-family, healthcare, hospitality, government, education, public and industrial end markets, and operates across 31 locations. Unified is headquartered in Pennsauken, New Jersey.

DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. DPC is headquartered in Rye, New York.

Foundation Building Materials is a specialty building products distributor of gypsum wallboard, suspended ceiling systems, metal framing, insulation and complementary products throughout North America. FBM employs more than 5,600 employees, operates more than 300 branches across the United States and Canada and is headquartered in Santa Ana, California.

American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion. American Securities and its affiliates have approximately $29 billion under management. American Securities is headquartered in New York, New York.

Founded in 1978, CD&R is a leading private investment firm with a strategy of generating strong investment returns by building more robust and sustainable businesses through the combination of skilled investment experience and deep operating capabilities. In partnership with the management teams of its portfolio companies, CD&R takes a long-term view of value creation and emphasizes positive stewardship and impact. The firm invests in businesses that span a broad range of industries, including industrial, healthcare, consumer, technology and financial services end markets. CD&R is privately owned by its partners and has offices in New York and London.

Industrial

Unified, a portfolio company of DPC, sale to FBM, a portfolio company of American Securities and CD&R