Transact Capital Advises Arizona Shower Door on their Sale to MPE Partners
MPE Partners (“MPE” or “Morgenthaler Private Equity”) announced an investment in Arizona Shower Doors, LLC, a leading designer and manufacturer of custom glass shower doors and enclosures. Arizona Shower Door will partner with MPE’s existing portfolio company, DreamLine, to form a technology-driven leader offering endless possibilities for customers across the entire glass shower door and enclosure market.
MPE and DreamLine partnered in the transaction with Paul and Pete Knadler, the Arizona entrepreneurs, who will remain in their leadership roles at the Company. Graham Schena, Partner at MPE, said, “We saw a great strategic fit to bring DreamLine’s market leading technology to the custom shower door market leveraging Arizona’s extensive product offering and distribution network.”
Paul Knadler added, “Pete and myself are very excited to partner with DreamLine and MPE and believe DreamLine’s market leading technology will continue to differentiate us from our competitors in the custom shower door market by leveraging our excellent people, service and network. I am very pleased with how Transact Capital managed this process. Both Tony and his team proved to be knowledgeable and professional in how they handled every detail of this transaction. I would highly recommend Transact Capital to anyone looking to buy or sell a business.”
Headquartered in Phoenix, AZ, Arizona is a market leading designer, manufacturer and distributor of custom glass shower doors and enclosures. Arizona has built an outstanding reputation in product quality and service over 32 years of experience providing customers with endless possibilities of custom products. Arizona services customers from a national distribution network with locations in Arizona, Colorado, Utah, Oregon, Illinois and Florida.
MPE Partners seeks to be the preferred partner for entrepreneur- and family-owned companies. Based in Cleveland, OH, and Boston, MA, MPE invests in profitable, lower middle market companies with EBITDA between $5 – $20 million. MPE has two primary target investment areas: high-value manufacturing and commercial & industrial services. For more information, please visit www.mpepartners.com.
Transact Capital Partners, LLC is a full-service mergers and acquisitions advisory firm headquartered in Richmond, VA, with offices throughout the Midwest and Southeast. Investment banking services and security transactions are offered through Transact Capital Securities, LLC. Member FINRA and SIPC.
To learn more about this transaction, or Transact Capital Partners, please contact Anthony Vincent at 804-612-7107 (Tony@TransactCapital.com). Additional information about Transact Capital Partners can be found at www.TransactCapital.com.