PGT Innovation’s $92 Million Acquisition Of NewSouth Window Solutions

Jones Day is advising PGT Innovations, Inc.

PGT Innovations, Inc. (NYSE: PGTI), the Venice-based manufacturer of windows and doors, including impact-resistant products and products designed to unify indoor/outdoor living spaces, announced it has signed a definitive agreement to acquire NewSouth Window Solutions for $92 million in cash, subject to adjustments.

NewSouth is a manufacturer and installer of factory-direct, energy-efficient windows and doors, including both impact-resistant and non-impact residential products. It has eight retail showrooms in several locations throughout Florida, with an additional showroom in Charleston, South Carolina, and is the only vertically integrated window dealer in Florida.

The Jones Day team was led by Nicholas Rodríguez (Picture) and Joel May.

Involved fees earner: Joel May – Jones Day; Nicholas Rodríguez – Jones Day;

Law Firms: Jones Day;

Clients: PGT Innovations;

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Author: Ambrogio Visconti