Profile Extrusion Company Acquired, Prepared to Better Serve Customers
We are excited to announce that as of April 15, our plant has been acquired by Highlander Partners, L.P.
The operations will continue to operate from our Rome, Georgia location under the name of Profile Custom Extrusions, LLC (“PCE”) with the current management team continuing to lead the business.
“We are very pleased to be a part of the Highlander portfolio of companies. Highlander is a long-term investor that has extensive experience in the aluminum extrusion business.” said David Newby who will continue to lead the business as Division President, “With their significant capital resources and strategic vision, we believe they are the ideal partner to allow us to better serve the needs of both our existing and new customers.”
Profile Custom Extrusions has been a leading provider of aluminum extrusions to the industrial and residential construction, electrical, hurricane shutter and interior décor markets throughout the southeastern part of the United States since 1963. PCE operates three extrusion presses with a total annual capacity of 40 million pounds, along with a vertical wet paint line and a thermal fill and de-bridge line.
“We believe that David and the team at Profile are among the best in the industry,” remarked Mark Blanchat, a Highlander principal and the newly appointed Chairman of PCE, “The company has performed exceptionally well historically, and showed solid results even during the recent downturn in the economy. Highlander has tremendous resources that will enhance the prospects of the business and facilitate its continued growth trajectory. The southeastern U.S is a very strong market for aluminum extrusion and PCE is uniquely positioned to further expand its market position in this region.”
The acquisition allows both PCE and Highlander the opportunity to draw on collective backgrounds in the aluminum extrusion industry and leverage that experience for the benefit of PCE customers.
“David and his team have built a great company and are viewed as a premier supplier to various end markets,” added Jeff L. Hull, Highlander’s Managing Partner, “We believe the rebounding economy will continue to benefit many of PCE’s customers and their associated markets, especially in the commercial and residential construction market, and PCE is well positioned to participate in that recovery.”
Over the next few weeks, our website and email addresses will change to reflect the new name, but all other contact information remains the same. Should you have any additional questions, please feel free to contact us directly or contact your sales representative.
Partners Highlander Partners, L.P. is a Dallas-based private investment firm with partners that have committed over $600 million of principal funds for direct private equity investments in North America and Central Europe. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including basic manufacturing, food, building materials and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information about Highlander Partners, please visit www.highlander-partners.com. Harris Williams served as the exclusive financial advisor to Profile in connection with this transaction. Regions Bank provided senior financing facilities in support of the transaction.
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