With homeowners aiming to increase their property’s value, demand for garage doors is on the rise – private equity has taken note. Firms such as Sterling Group, Point 41 Capital and Blue Ridge Construction are actively transacting in the segment. Overhead Garage Door, backed by Sterling Group, has completed three add-ons: Madisonville Garage Doors, Hall’s Garage Doors and Compaan Garage Doors, expanding its footprint to nearly 70 metropolitan markets across more than 20 states.
Antin Infrastructure Partners has acquired a majority stake in High Performance Helicopters, a provider of heavy-lift helicopter services to utility and construction industries across 10 western US states.
Blue Point Capital Partners portfolio company Weaver Brands has acquired Shapley’s, a manufacturer of equine grooming products.
Source: PE Hub · Summarized by HeadlinesBriefing