Articles from MITER Brands

MITER Brands, 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, recently had two products named on the 2024 Window + Door Awards list.

MITER Brands, a leading provider of high-quality windows and doors, announced the divestiture of its subsidiary, ECO Window Systems, to its original founders. The divestiture reflects the commitment of MITER Brands to streamline its business operations and concentrate resources on its core distribution channels and product brands. This move will enable MITER Brands to enhance its market position, drive innovation, and support its vision to build the most valued window and door brand in America.

MITER Brands, 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, recently appointed Rod Hershberger, co-founder of PGT Custom Windows and Doors and past chairman of the board for PGT Innovations, to its board, effective July 25, 2024.

MITER Brands, a leading manufacturer of residential windows and doors, is pleased to announce the sale of Martin Door and CRi SoCal to Midland Garage Door and Builders FirstSource, Inc., respectively. These transactions are consistent with MITER Brands’ strategic priorities to focus on its core competencies and underscore its commitment to building the most valued window and door brand in America.

MITER Brands, 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, recently hosted a drive-thru hurricane relief supplies distribution event to donate much-needed emergency supplies to assist those affected by Hurricane Beryl.

Last month, PGT® Custom Windows and Doors, America’s authority in high-performance windows and doors and the nation’s number one impact-resistant brand, and MI® Windows and Doors, one of America’s largest manufacturers of precision-built and energy-efficient windows and patio doors, both part of the MITER Brands™ portfolio, had products named on Qualified Remodeler’s 2024 Remodelers Choice 100 list.

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.

MITER Brands (“MITER”) announced today the pricing of the previously announced private offering, which was increased by $200.0 million to an offering of $700.0 million aggregate principal amount of senior secured notes due 2032 (the “Notes”) to be issued by two of its wholly-owned subsidiaries, MITER Brands Acquisition Holdco, Inc. (“Acquisition Holdco”) and MIWD Borrower, LLC (“MIWD Borrower”), as co-issuers. The Notes will bear interest at 6.750% per annum and will mature on April 1, 2032. Interest on the Notes will be payable semi-annually on April 1 and October 1 of each year, commencing on October 1, 2024. MITER intends to use the net proceeds from the offering of the Notes as part of its financing for its previously-announced acquisition (the “Acquisition”) of PGT Innovations, Inc. (“PGTI”). The offering of the Notes is expected to close on or about March 28, 2024, subject to customary closing conditions.

MITER Brands (“MITER”) announced today the commencement of a private offering of $500 million aggregate principal amount of senior secured notes due 2032 (the “Notes”) to be issued by two of its wholly-owned subsidiaries, MITER Brands Acquisition Holdco, Inc. (“Acquisition Holdco”) and MIWD Borrower, LLC (“MIWD Borrower”), as co-issuers. MITER intends to use the net proceeds from the offering of the Notes as part of its financing for its previously-announced acquisition (the “Acquisition”) of PGT Innovations, Inc. (“PGTI”). It is expected that, following the consummation of the Acquisition, PGTI will be converted into a limited liability company and subsequently merged with and into MIWD Borrower, with PGTI as the surviving entity (the “Post-Closing Merger”). Upon consummation of the Post-Closing Merger and certain other internal reorganizations (collectively, the “Post-Closing Restructuring”), Acquisition Holdco and PGTI will be the co-issuers of the Notes.