Self-Storage Building Manufacturer Janus International Acquired by Saw Mill Capital
|Copyright 2014 by Virgo Publishing.|
|Posted on: 12/17/2013|
Janus International Corp., a manufacturer of self-storage roll-up doors and building components, has been acquired by Saw Mill Capital Partners LP, a private equity investment fund managed by Saw Mill Capital LLC. The company will now be known as Janus International Group LLC. Its headquarters will remain in Temple, Ga., and its original stockholders will remain significant shareholders, according to a company press release.
In October, Janus acquired building manufacturer Gliderol Self Storage Solutions in Peterlee, England. Gliderol was founded in 2005 as a joint venture between Janus and Gliderol UK Ltd., a maker of rolling and sectional doors. Janus purchased the company outright to strengthen its brand presence in the United Kingdom and on the European continent, company officials said.
The addition of Saw Mill is indicative of an economic strengthening as well as overall market opportunities available to Janus for domestic and global expansion, according to the Janus press release.
“I’m very pleased to have Saw Mill as our partner. Saw Mill’s strategic resources and investment approach will help accelerate our growth, both organically and through acquisition, allowing us to continue to provide superior products and services to our customers,” said Janus Founder and CEO David Curtis.
Janus manufactures rolling doors and building components for the commercial, industrial and self-storage markets. The company has seven global locations including a joint venture in Mexico.
Based in Briarcliff Manor, N.Y., Saw Mill Capital is an operations-oriented private equity firm focused on acquiring businesses with $40 million to $150 million in revenue that can be meaningfully grown organically and through acquisitions. The company partners with senior leadership teams to make control investments in businesses headquartered in North America, bringing capital and unique resources to help companies reach their full potential.