Longroad Exits Hurd Windows and Doors

Longroad Exits Hurd Windows and Doors

hurd nf1Hurd Windows and Doors, a portfolio company of Longroad Asset Management, has been acquired by Sierra Pacific Industries.

Hurd Windows and Doors, acquired by Longroad in December 2008, manufactures windows and doors under the Hurd and Superseal brands. The company’s products are sold through more than 400 distributors in the United States and Canada and in 20 countries worldwide. With factories in Medford and Merrill, WI, Hurd products are manufactured in 600,000 square feet of production space.  The company is headquartered northwest of Wausau in Medford, WI (www.hurd.com).

Sierra Pacific Industries is a third-generation, family-owned forest products company.  The company owns and manages nearly 1.9 million acres of timberland in California and Washington, and is the second largest lumber producer and largest manufacturer of millwork in the United States. Sierra Pacific Industries is headquartered north of Sacramento in Anderson, CA (www.spi-ind.com).

Longroad Asset Management invests in US and Canadian companies with $30 to $300 million in annual revenue and EBITDAS up to $25 million.  Sectors of interest include industrial manufacturing; business and industrial services; consumer products; defense & aerospace; basic materials; building products; construction equipment and services; energy and energy distribution; industrial equipment; metal processing and extrusions; plastic films and extrusions; precision machining and; out of favor or cyclical industries. Longroad has over $500 million in committed capital and since founding in 2001 has invested in more than 15 transactions across a variety of industries.  The firm is based in Stamford, CT (www.longroadllc.com).

The Commercial & Industrial Group of BB&T Capital Markets (www.bbtcapitalmarkets.com) served as the exclusive financial advisor to Hurd Windows and Doors.

2014 PEPD • Private Equity’s Leading News Magazine • 8-4-14

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