Hygrade Components has been acquired by Wincove Private Holdings
Prestwick is pleased to announce the sale of Hygrade Components to Wincove Private Holdings. Prestwick acted as the exclusive advisor to Hygrade. The terms of the transaction were not disclosed.
Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers, and other components, are used to enhance the appearance and strength of windows and doors and improve the thermal efficiency of insulating glass. Over Hygrade’s 75-year history, the company developed a market leadership position within the North American insulated glass, window, and door markets. Hygrade operates three strategically-located facilities in Pennsylvania, Tennessee, and Oregon.
Wincove Private Holdings is an investment holding company that seeks to create long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs, and management teams to build market-leading companies. With offices in Boston and New York, Wincove has a permanent capital base, and can therefore stay invested in its partner companies for an unlimited time horizon.