Andrew K. Petryk, Managing Director and Head of BGL’s Industrials vertical, has authored a new piece for Window + Door magazine entitled, “The Industry Pulse: State of the Market.” The article discusses the housing market, industry performance, mergers and acquisitions, valuations, and more.
Secular growth and an abundance of liquidity are driving a hot M&A market in residential building products, and the fenestration market is benefiting from this momentum.
Cash-rich strategic buyers are seeking acquisitions to boost topline growth through product line, geographic, and channel expansion. Strategics are showing selectivity; however, when a high-quality deal comes to market, they are moving faster and are aggressive on valuation and deal terms:
Financial buyers are equally active and looking to deploy capital into new growth platforms as well as tuck-in acquisitions of businesses serving fragmented marketplaces:
For all of Andrew’s insights, read the full article in Window + Door’s January/February 2022 digital issue (page 50).