- Expands into adjacent window and door category
- Adds premium overhead garage doors to product portfolio
- Broadens geographic footprint and brand presence in high-growth Western region
- Adds another strong brand to PGT Innovations brand portfolio
- Creates cross-selling opportunities for existing Western Division brands and NewSouth Window Solutions
- Strong cultural and values fit across both companies
- Purchase price of $185 million; Sales of approximately $60 million expected in 2022
- Expected to be immediately accretive to EBITDA margin, accretive to adjusted EPS within first year
PGT Innovations Acquires Martin Door For $185M
Expands into adjacent window and door category
Adds premium overhead garage doors to product portfolio
Broadens geographic footprint and brand presence in high-growth Western region
Adds another strong brand to PGT