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Trimlite Acquires Francis-Schulze Company

 

Renton, WA – September 20, 2023 – Trimlite Equity, L.P. (“Trimlite” or the “Company”) announced today that is has acquired Francis-Schulze Company. (“F-S” or “Francis-Schulze”). Members of the Francis and Schulze families will continue as shareholders in Trimlite. Financial terms were not disclosed. Francis-Schulze is a leading distributor of exterior door products and hardware. Founded in 1957 and headquartered in Russia, Ohio, Francis-Schulze has developed a strong presence across the Ohio Valley by providing high quality products and value-added services to its diverse network of customers.

 

“I’d like to thank the Francis and Schulze families for their decades-long stewardship of this high-quality company. Ken and the families have built a wonderful distribution company and their values complement ours. We look forward to supporting Francis-Schulze in their next phase of growth,” said Patrick Hooper, CEO of Trimlite.

 

“As we started to plan for the next chapter for Francis-Schulze, we felt that Trimlite was the best fit for our people, our customers, and our suppliers,” said Ken Francis, President of the Francis-Schulze division of Trimlite. “Their commitment to service, quality, and their industry expertise gave us a confidence that Francis-Schulze will be in great hands as the business continues to grow.”

 

Trimlite was acquired by Wynnchurch Capital L.P. (“Wynnchurch”) in July 2021. “Wynnchurch welcomes Francis-Schulze to the Trimlite team. We are excited to partner with Ken and Francis-Schulze to continue to grow their business,” said Brian Crumbaugh, Partner at Wynnchurch. Francis-Schulze is the second acquisition by Trimlite since Wynnchurch Capital acquired Trimlite.

 

Francis-Schulze was represented by The JIAN Group as part of the acquisition.

 

About Francis-Schulze:

Founded in 1957 by D.J. Francis, Francis-Schulze Company is a family-owned and operated distributor of wholesale building materials to lumber dealers, home centers and door specialists. The company’s steadfast commitment to quality products, manufacturing excellence and superior customer service has made Francis-Schulze Company an industry leader and dealer of choice for 60 years. For more information, please visit: https://www.francisschulze.com/.

 

About Trimlite:

Founded in 1982, Trimlite Equity, L.P. is a value-added distributor of residential doors and related door products in North America. The Company supplies a broad offering of interior and exterior door slabs, prehung doors, door glass and doorlites, and other related products which are sold through its network of wholesale distributors, dealers and OEM customers. For more information, please visit: https://www.trimlite.com.

  

About Wynnchurch Capital:

Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $5.7 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: https://www.wynnchurch.com.

 

 

For more information please contact:

 

Brian Crumbaugh

Partner bcrumbaugh@wynnchurch.com

847-604-6100

 

Kevin Hanley

Principal khanley@wynnchurch.com

847-604-6100

 

Alex Randall

Vice President arandall@wynnchurch.com

847-604-6100

 

Trimlite/CODEL Acquires Builders Hardware

 

Renton, WA – April 4, 2022 – Trimlite Mfg Inc. (“Trimlite” or the “Company”) announced today that is has acquired Builders Hardware Inc. (“BHI”). BHI is a leading distributor of exterior door products and hardware. Founded in 1954, and headquarted in Tampa, Florida, BHI has developed a strong presence across Florida by providing high quality products and value-added services to its diverse network of customers.

“I’d like to thank the Godwin family for their decades-long stewardship of this high-quality company. Les, Joel, and Jesse have built a wonderful distribution company and their values complement ours. We look forward to supporting BHI in their next phase of growth,” said Patrick Hooper, CEO of Trimlite.

“As we started to plan for the next chaper for BHI, we felt that Trimlite provided our people and family with the best option,” said Jesse Godwin, Owner/VPD. “Their commitment to service, quality, and industry expertise gave us a feeling that BHI will be great hands as we transition away from the business.”

Trimlite was acquired by Wynnchurch Capital L.P. (“Wynnchurch”) in July, 2021. “Wynnchurch welcomes BHI to the Trimlite team. We are excited to partner with BHI to continue to grow their business,” said Brian Crumbaugh, Partner at Wynnchurch. BHI is the first acquisition by Trimlite since their acquisition of CODEL Entry Systems in 2017.

 

About BHI:

Builders Hardware, Inc. is a family-owned and operated company that has been opening doors for Florida since 1954.  Our wealth of product knowledge regarding doors, door components, and hardware makes us experts in our industry.  We also always retain a sense of urgency to meet our customers’ need for the distribution of the right quality products at the right time. For more information, please visit: https://buildershardwareflorida.com/.

 

About Trimlite:

Founded in 1982, Trimlite Mfg Inc. is a manufacturer and distributor of residential doors and related door products in North America. The Company supplies a broad offering of interior and exterior door slabs, prehung doors, door glass and doorlites, and other related products which are sold through its network of wholesale distributors, dealers and OEM customers. For more information, please visit: https://www.trimlite.com.

 

About Wynnchurch Capital:

Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California, New York, and an affiliate in Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $4.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: https://www.wynnchurch.com.

 

 

For more information please contact:

Brian Crumbaugh

Partner bcrumbaugh@wynnchurch.com

847-604-6100

 

Kevin Hanley

Vice President khanley@wynnchurch.com

847-604-6100

 

Alex Randall

Senior Associate arandall@wynnchurch.com

847-604-6100

 

CODEL Doors Now Offering JELD-WEN Products

 

Renton, Washington —CODEL Doors, part of the Trimlite family of companies, will now offer JELD-WEN® Flush and Moulded interior door products to support customers in the Pacific Northwest, starting on Dec. 9. In addition, Trimlite has invested in a larger warehouse to support its growth in interior and exterior doors. It will triple the amount of inventory available for CODEL’s interior and exterior door products.

“We have had a long relationship with JELD-WEN both as a supplier and a customer,” said Trimlite & CODEL President and CEO Patrick Hooper. “We believe JELD-WEN’s products fit well with our existing interior door products and will offer more options for our customers.”

The JELD-WEN Flush and Moulded interior door products offer a 5-year warranty as well as a variety of options. JELD-WEN recently introduced the Birkdale, a Moulded 3-Equal Panel Shaker door style to complement its four other craftsman style doors.

“The ability to serve more customers in the Pacific Northwest is a crucial element to our success,” said JELD-WEN President of North America Daniel Castillo. “This allows us to enhance JELD-WEN’s ability to support our customers’ needs and business goals while expanding and strengthening our geographic footprint.”

“JELD-WEN’s product breadth sealed the deal,” commented Hooper. “We’re distributing interior door products that meet every price point and product niche we don’t currently offer. It’s a natural fit.”

To view the JELD-WEN products offered and to find the nearest local dealer, visit codeldoors.com.

 

About Trimlite and CODEL Doors
Founded in 1982 as a manufacturer of decorative glass inserts for steel door fabricators, Trimlite has evolved into a premier manufacturer and distributor of stile and rail doors, fiberglass doors, decorative glass, interior doors and other home building products for the building materials industry across North America. The company has created a unique value proposition by developing an integrated supply chain that includes manufacturing facilities in China, Vietnam, Canada and the United States, as well as strategically positioned distribution locations across North America. CODEL (Complete, On-Time, Delivery) Doors was founded in 1997 and has been a leading fabricator and distributor of exterior and interior doors in the Pacific Northwest.

 

About JELD-WEN
Headquartered in Charlotte, N.C., JELD-WEN is a leading global manufacturer of high-performance interior and exterior building products, offering one of the broadest selections of windows, interior and exterior doors, and wall systems. JELD-WEN delivers a differentiated customer experience, providing construction professionals with durable, energy-efficient products and labor-saving services that help them maximize productivity and create beautiful, secure spaces for all to enjoy. The JELD-WEN team is driven by innovation and committed to creating safe, sustainable environments for customers, associates, and local communities. The JELD-WEN family of brands includes JELD-WEN® worldwide; LaCantina™ and VPI™ in North America; Swedoor® and DANA® in Europe; and Corinthian®, Stegbar®, and Breezway® in Australia. Visit jeld-wen.com for more information.

 

Contact:  Adam Wendt Trimlite, 425-251-8685, adamw@trimlite.com

 

Wynnchurch Capital Acquires Trimlite

 

Rosemont, IL – July 28, 2021 – Wynnchurch Capital, L.P. (“Wynnchurch”) announced today that it has acquired Trimlite Mfg Inc. (“Trimlite” or the “Company”). Trimlite is a leading manufacturer and distributor of residential doors and related door products. Founded in 1982 and headquartered in Renton, Washington, Trimlite has developed a strong presence in the U.S. and Canada by providing high quality products and value-added services to its diverse network of wholesale distributors, dealers, local door retailers, and OEM customers.

“Over the years we have developed a strong reputation in the market for providing our customers with exceptional service, quick lead times and a broad offering of quality door products. Wynnchurch shares our commitment to putting the customers first and we are excited to partner with them as we pursue our next phase of growth,” said Patrick Hooper, CEO of Trimlite.

Brian Crumbaugh, Partner at Wynnchurch, said, “Since its founding, Trimlite’s commitment to customer service has allowed the Company to successfully broaden its product offering and expand into new geographies. We are excited to partner with Patrick and the entire Trimlite management team to continue growing the business.” Kevin Hanley, Vice President at Wynnchurch, added, “Trimlite is well positioned to benefit from strong market tailwinds, and we look forward to partnering with management to pursue attractive organic and inorganic growth opportunities.”

Wynnchurch is actively seeking investment opportunities for its $2.277 billion Fund V. In September, Wynnchurch made its first Fund V platform equity investment when it acquired Labrie Environmental Group, a leading manufacturer of refuse collection vehicles across North America. Other recent Wynnchurch investments include: Northern Wholesale Supply, a leading provider of RV and marine parts and accessories, The Wheel Group, a leading designer and distributor of branded aftermarket wheels, specialty tires and related accessories; and Drew Foam Companies, a leading manufacturer of custom fabricated and molded expanded polystyrene products.

About Trimlite: Founded in 1982, Trimlite Mfg Inc. is a manufacturer and distributor of residential doors and related door products in North America. The Company supplies a broad offering of interior and exterior door slabs, prehung doors, door glass and doorlites, and other related products which are sold through its network of wholesale distributors, dealers and OEM customers. For more information, please visit: https://www.trimlite.com.

About Wynnchurch Capital: Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California, New York, and an affiliate in Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $4.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: https://www.wynnchurch.com.

For more information please contact:

Brian Crumbaugh Partner bcrumbaugh@wynnchurch.com 847-604-6100

Kevin Hanley Vice President khanley@wynnchurch.com 847-604-6100

Alex Randall Senior Associate arandall@wynnchurch.com 847-604-6100