Post Time:Jan 05,2012Classify:Company NewsView:423
Grey Mountain Partners ("Grey Mountain") has acquired Global Security Glazing ("GSG"). Headquartered in Selma, Alabama, GSG manufactures institutional security, military, and custom architectural glass and glazing products.
Beth Lesniak, Vice President of Grey Mountain, said, "Global Security Glazing is a leader in its niche, serving a wide variety of customers from around the world that operate in several end markets that require highly-engineered ballistics-grade and custom architectural glass solutions."
"We are very excited about this investment and the opportunity to rapidly grow GSG, leveraging its world-class manufacturing capabilities and reputation as the leader in the specialty glazing sector," said Lesniak. "We will continue to invest in the future of GSG, entering additional markets through new product development and strategic acquisitions while also enhancing the company's asset base. The heightened focus on safety and security for government buildings as well as the increasing demand for energy efficient glazing solutions represent growing market needs that GSG is uniquely suited to address. With over 50 years of operating experience, GSG has developed long standing relationships with its customers and vendors, and thus we are committed to preserving and elevating GSG's reputation for best-in-class technical expertise, high performance products, and excellent customer service."
ABOUT GLOBAL SECURITY GLAZING
Global Security Glazing manufactures security, custom architectural, and transportation glass and glazing products through a complete line of all-glass laminates, glass-clad polycarbonates and laminated polycarbonates. Its products offer impact, bullet, blast, and fire resistant protection across a variety of applications, including: prisons, detention and correctional facilities, embassies, armored vehicles, and other buildings requiring additional security. The company's comprehensive product portfolio is certified under and compliant with numerous industry standards and performance requirements. Headquartered in Selma, AL, the company's market leading glazing solutions are sought after worldwide to support increasingly complex, quality sensitive infrastructure demands. For more information, please visit www.security-glazing.com .
ABOUT GREY MOUNTAIN PARTNERS
Grey Mountain Partners is a Boulder, CO-based private equity firm that focuses on partnering with management to create lasting value through operational improvements and buy and build strategies in fragmented markets. Grey Mountain invests in lower middle-market companies across a wide range of industries and in transactions with enterprise values between $30 million and $150 million.
Source: http://www.marketwatch.comAuthor: shangyi