OmniMax International, LLC, a leading building products manufacturing portfolio headquartered in Atlanta, has acquired roofing accessories manufacturer Millennium Metals, Inc. of Jacksonville, Fla.
In a Jan. 7 news release, OmniMax said the MMI acquisition is part of the company’s growth strategy, which includes expanding product lines and its geographic footprint to become the nation's “premier provider” of roofing accessories and rainwater management systems.
OmniMax has 12 manufacturing facilities across North America. As a top supplier in the residential roof drainage and roofing accessories markets, OmniMax has extensive scale, top brands such as Amerimax, Berger, Verde, and Flamco, and longstanding relationships with the nation's largest home center retailers and building product distributors.
OmniMax is owned by funds managed by Strategic Value Partners, LLC affiliates, a global investment firm established by Victor Khosla in 2001 with more than $18 billion in assets under management.
MMI is a leading manufacturer of roofing accessories. With a manufacturing location in Jacksonville, Florida, MMI services a regional customer base with a strong geographic presence in Florida and the broader southeast U.S.
Heritage Capital Group, Inc., served as OmniMax's exclusive buy-side advisor. The deal team included Mary Frosio, Alex Kellison, and Serxhi Hyska. The terms of the transaction were not disclosed.
"Heritage Capital Group was instrumental in helping OmniMax International acquire Millennium Metals," OmniMax Chief Strategy & Development Officer Mike Kuharskiof said.
"They introduced us to this valuable opportunity, and they helped build rapport and trust between the two sides. Establishing this foundation was critical for executing the partnership and ultimately positioning OmniMax for long-term success in the roofing accessories sector," he added.
For more information, visit omnimax.com.