US private equity firm Wynnchurch Capital has acquired residential doormaker Trimlite using its $2.2bn fifth fund.
The company, which was founded in 1982, provides doors and related services to wholesale distributors, dealers, local door retailers and OEM customers across the US and Canada.
Wynnchurch partner Brian Crumbaugh said, “Since its founding, Trimlite’s commitment to customer service has allowed the company to successfully broaden its product offering and expand into new geographies.”
Kevin Hanley, vice president at Wynnchurch, added, “Trimlite is well positioned to benefit from strong market tailwinds, and we look forward to partnering with management to pursue attractive organic and inorganic growth opportunities.”
Wynnchurch raced to a $2.27bn final close for its fifth flagship fund in January last year, making it almost 50% larger than the firm’s initial target for the vehicle.
The firm made its first Fund V platform investment last September by picking up Labrie Environmental Group, a manufacturer of refuse collection vehicles across North America.
Other recent Wynnchurch investments include Northern Wholesale Supply, The Wheel Group and Drew Foam Companies.
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