Tubelite

Situation

Tubelite, headquartered in Walker, Michigan, is the sixth largest supplier of architectural aluminum products for the U.S. commercial construction industry.

Established in 1945, Tubelite offers products through its two divisions: branded products and custom aluminum extrusion products. The Company’s comprehensive product line includes aluminum storefront, entrance and curtainwall products.

The Company’s shareholders sought wealth diversification to address estate planning needs.

Solution

The Company engaged Amherst Partners to lead a process that would maximize value and identify a buyer who could utilize Tubelite’s unique offerings to grow its architectural product footprint.

Results

Ultimately, Tubelite was sold for a highly desirable purchase price to Apogee Enterprises, Inc., a publicly traded company with more than $800 million in annual revenue.

As a leader in the design and development of glass products, services, and systems, Apogee represented a highly strategic partner offering significant synergistic benefits to Tubelite’s operations.