An affiliate of HIG Capital (HIG), a global alternative investment firm with USD44 billion of equity capital under management, has completed a recapitalisation of Windows USA (Windows USA).
HIG is partnering with Michael Allbritton, Robert Tankersley, Ryan Guthrie, Eric Oliver and the current management team to provide additional resources to accelerate the Company’s successful growth trajectory. Terms of the transaction were not disclosed.
Headquartered in Royal, Arkansas, Windows USA is a vertically integrated home services business providing replacement vinyl windows to homeowners in the Southern US. Windows USA is one of the largest direct-to-consumer (DTC) providers of replacement windows in the US, utilising a proprietary referral-based lead generation engine and unique in-home sales model to serve consumers in over 20 states. The Company also provides its high-quality products and services to wholesale distributors and dealers through its Window Mart affiliate.
Source: Private Equity Wire
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