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Grey Mountain Partners acquires Global Security Glazing

Post Time:Jan 04,2012Classify:Industry NewsView:63

Grey Mountain Partners,a Boulder, Colo., private equity firm,has acquired Global Security Glazing, according to a Jan. 4 BusinessWire release on MarketWatch. Headquartered in Selma, Ala., GSG manufactures institutional security, military, and custom architectural glass and glazing products.

"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 Beth Lesniak, vice president of Grey Mountain, in the BusinessWire release.

"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," she continued.

This acquisition comes on the heels of Grey Mountain's attempt to purchase Vitro America last June, when it ultimately lost its bid for the company to Sun Capital Partners. Grey Mountain also looked to purchase the assets of Arch Aluminum & Glass Co. after the fabricator filed bankruptcy in 2009.


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Source: http://www.glassmagazine.com/news-item/commercial/grey-mountain-partners-acquires-global-security-glazing-129194Author:

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