Graham Partners buys US roofing company

Published: July 12, 2012 6:00 am ET

Related to this story

Topics Construction, Mergers & Acquisitions

EL SEGUNDO, CALIF. (July 12, 1:30 p.m. ET) — Henry Co., which makes roofing and building envelope products including spray polyurethane foam, has been acquired by an investor group led by private equity firm Graham Partners.

Henry Co. has one of the largest manufacturing footprints in North America, according to a 10 July company statement. Its products include roof coatings and cements, air and vapor barriers, underlays, waterproofing products, spray foam, green roofing systems and wax and asphalt emulsions.

Henry’s products are critical for managing the flow of water, air, and vapor through the building envelope, from foundation to roof, improving the structure’s energy efficiency, sustainability and livability.

The company’s brands include Henry (roof cements and coatings), Bakor (building materials), Blueskin (air and vapor barriers), Aqualite (wax emulsions), Black Knight (roof coatings and driveway sealer) and Permax (spray foam).

Co-investors in the acquisition include private equity firm OceanBridge Partners, current management, and former owners. They acquired Henry from private equity firm AEA Investors. The parties did not reveal financial details of the transaction.

“Under very capable leadership, Henry delivered solid performance over the past several years in spite of the difficult market environment,” said Rob Newbold, managing principal at Graham Partners, in a statement.

“We look forward to working actively with management to enhance Henry’s leadership in building envelope systems through the development of innovative, high performance building solutions and the ongoing commitment to sustainable, profitable growth aided by the resources we have to offer at Graham,” Newbold added.

Brian Strauss will remain president and CEO, and Henry will retain the existing senior management team.


Comments

Graham Partners buys US roofing company

Published: July 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Residents ask court to close pipe maker

November 21, 2014 3:22 pm ET

Residents living by National Pipe & Plastics Inc.'s new factory in an industrial zone of Endicott, N.Y., say the facility has “devastated the...    More

Image

Coveris changes culture, eyes IPO

November 20, 2014 1:40 pm ET

CEO Gary Masse has a simple message, and some new math, for everyone at Coveris Holdings Corp. Get on board or get out of the way.    More

Image

Total to buy majority stake in Polyblend

November 20, 2014 10:04 am ET

French oil and gas giant Total SA will buy a 68 percent stake in Germany's Polyblend GmbH, a subsidiary of Polymer-Chemie GmbH.    More

Image

Private equity fuels acquisition market

November 18, 2014 11:52 am ET

Plastics firms and outside investors with money to spend increasingly have done so in the plastics industry for the last quarter-century — and...    More

Image

Venture capital firm buys stake in Ximedica

November 17, 2014 3:32 pm ET

International venture capital firm SV Life Sciences has acquired a majority stake in Providence, R.I.-based medical device company Ximedica LLC.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events