Mergers

PGT Innovations Completes Acquisition of Anlin Windows & Doors

The acquisition expands PGT's presence on the west coast.

By Staff October 29, 2021

PGT Innovations' Venice headquarters

PGT Innovations' Venice headquarters

PGT Innovations, Inc., the Venice-based manufacturer of premium windows and doors, including impact-resistant products and products, announced that it has completed its previously announced acquisition of California-based Anlin Windows & Doors.

PGT Innovations plans to update its 2021 financial outlook and discuss its third quarter 2021 results on its conference call and webcast scheduled for Thursday, Nov. 11, 2021, at 10:30 a.m. The purchase price at closing was approximately $113.5 million plus earn-out payments of up to approximately $12.6 million in aggregate, subject to certain adjustments.

Anlin generated approximately $106 million in sales during the trailing 12 months ending in July 2021, with a mid-teen adjusted EBITDA.

Filed under
Share
Show Comments