MITER Brands Completes Acquisition of PGT Innovations
Harrisburg, PA, March 28, 2024 – MITER Brands, a leading manufacturer of residential windows and doors, is thrilled to announce the successful completion of its acquisition of PGT Innovations, a premier manufacturer of highly engineered and technically advanced windows and doors.
The acquisition combines two of the industry’s most innovative and customer-focused companies as they combine under a shared vision to build the most valued window and door brand in America. MITER Brands, known for its operational excellence and exceptional service, and PGT Innovations, with its impact-resistant technology and advanced manufacturing capabilities, are now poised to accelerate innovation, enhance product offerings, and expand market reach.
“Our journey has always been about more than just windows and doors; it's about reframing what is possible and creating unmatched value for our team members, customers, supply partners, and local communities,” said Matt DeSoto, CEO of MITER Brands. “With PGT Innovations becoming part of our family of brands, we are excited to work together towards our vision of building the most valued window and door brand in America.”
The acquisition was financed in part by an equity investment from an affiliate of Koch Equity Development LLC (“KED”), an existing investor in MITER Brands.
For more information about MITER Brands and PGT Innovations, please visit miterbrands.com and pgtinnovations.com.
About MITER Brands
Founded in 1947, MITER Brands is a residential window and door manufacturer that produces a portfolio of window and door brands for the new construction and replacement segments with an owner-operated, family-first approach. MITER Brands is the combination of two fast-growing regional product brands: MI Windows and Doors and Milgard Windows and Doors, and is a nationwide supplier of precision-built and energy-efficient products with more than 10 manufacturing facilities throughout the United States. MITER Brands instills confidence and drives quality customer experiences through optimized manufacturing, valued relationships, and dedicated team members coast to coast. For more information, visit www.miterbrands.com.
About PGT Innovations
PGT Innovations is a national brand and innovation leader in the fenestration and garage door industries. The company's robust portfolio includes highly engineered and technically advanced products that can withstand some of the toughest weather conditions on Earth and are revolutionizing the way people live by unifying indoor and outdoor living spaces. The PGT Innovations family includes Triple Diamond Glass™, a wholly owned subsidiary, and brands CGI®, PGT® Custom Windows and Doors, WinDoor®, Western Window Systems, Anlin Windows & Doors, Eze-Breeze®, Eco Window Systems, NewSouth Window Solutions, and Martin Door. Through its brands, PGT Innovations is the nation’s largest manufacturer of impact-resistant windows and doors. The company’s brands, in their respective markets, are a preferred choice of architects, builders, and homeowners throughout North America and the Caribbean. For more information, visit www.pgtinnovations.com.
About KED
KED is the principal investment and acquisition arm of Koch Industries, Inc. (“KII”), one of the largest privately held businesses in America. Since 2012, KED has deployed more than $35 billion in equity investments and acquisitions. With as high as $125 billion of revenue, KII is a U.S.-based business and, along with the Koch companies, has 120,000 global employees operating in more than 60 countries.
Contact Information:
Nick Board
253-988-9707 [email protected] miterbrands.com