Cornerstone Building Brands, Inc., the manufacturer of exterior building products, has completed its previously announced acquisition of Harvey Building Products Corp. and its portfolio of industry brands: Harvey, SoftLite and Thermo-Tech.
The company said in a news release its strategic acquisition increases Cornerstone Buildings Brands’ exposure to the Repair and Remodel end market and strengthens its offering in distribution and dealer channels.
“Harvey Building Products has a strong reputation as a premium R&R manufacturer and is an ideal addition to Cornerstone Building Brands as we forge ahead in our journey to be a premier exterior building products company,” Rose Lee, president and CEO of Cornerstone Building Brands, said in a previous statement.
Moelis & Company LLC was Cornerstone Building Brands' exclusive financial advisor, and Debevoise & Plimpton LLP provided legal counsel.
“We are thrilled to be joining Cornerstone Building Brands as this new partnership will mark an exciting chapter in Harvey’s growth journey," said Justin St. Hilaire, president of Harvey Building Products. "The company’s strong customer focus, deep channel relationships and extensive product breadth make it a perfect partner to accelerate our future growth while continuing our mission of delivering a quality experience to our internal and external stakeholders. We are immensely thankful to our previous owner, Dunes Point Capital, for helping us reach this stage of development.”