NCI Building Systems’ $186 Million Unit Purchase Agreement with Environmental Materials, LLC

Debevoise & Plimpton is serving as legal counsel to NCI Building Systems. BB&T Capital Markets is serving as the exclusive financial advisor and Davis Graham & Stubbs is serving as legal counsel to Environmental Stoneworks.

Under the agreement, NCI purchased 100% of the outstanding limited liability company interests of Environmental Materials for approximately $186 million.

The combination of NCI and Ply Gem, headquartered in Cary, NC, established a leading exterior building products manufacturer with a broad range of products for residential and commercial customers for both new construction and repair & remodel. With a portfolio of key products which includes windows, doors, siding, metal wall and roof systems, engineered commercial buildings, insulated metal panels, stone and other adjacent products, the company has more than 20,000 employees across 80 manufacturing, distribution and office locations throughout North America.

The Debevoise team was led by partners Paul S. Bird (Picture) and Christopher Anthony and included partners Peter A. Furci, Henry Lebowitz, Jonathan F. Lewis and Michael Schaper; counsel Kyra K. Bromley, Stuart Hammer and J. Michael Snypes; and associates Beata N. Aldridge, Wesley C. Moore, Robert J. Nelson-Sullivan and Sergio Torres.

Involved fees earner: Christopher Anthony – Debevoise & Plimpton; Paul Bird – Debevoise & Plimpton; Kyra Bromley – Debevoise & Plimpton; Peter Furci – Debevoise & Plimpton; Stuart Hammer – Debevoise & Plimpton; Henry Lebowitz – Debevoise & Plimpton; Jonathan Lewis – Debevoise & Plimpton; Wesley Moore – Debevoise & Plimpton; Robert Nelson-Sullivan – Debevoise & Plimpton; Michael Schaper – Debevoise & Plimpton; Michael Snypes Jr. – Debevoise & Plimpton; Sergio Torres – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: NCI Building Systems, Inc.;

Author: Ambrogio Visconti