Saw Mill Capital is pleased to announce that it has successfully completed the sale of Janus International Group, LLC to affiliates of Clearlake Capital Group, L.P. Janus is a leading global turnkey supplier of premium doors, hallway systems, locks, interior solutions and ancillary technologies for the self-storage, industrial and commercial door markets.
"Janus has generated impressive growth in its core market while expanding its breadth of product and service offerings and penetrating new geographies. It has been a pleasure working with Janus' extraordinary management team in developing and executing upon a successful growth strategy," said Scott Rivard, Partner of Saw Mill Capital. "Under Saw Mill's ownership, Janus realized explosive growth in revenues and EBITDA through both organic growth and through accretive acquisitions, all supported by our significant industry research that played a key role in identifying such growth potential."
Saw Mill Capital initially invested in the company in 2013 based on its research team's findings, which suggested self-storage new construction was significantly below sustainable long-term demand. Additionally, Saw Mill Capital's industry research showed that the self-storage industry was enjoying significant secular growth due to increasing consumer acceptance.
"Saw Mill Capital has been a true partner to Janus and provided the necessary support and resources to expand the Janus platform. The Saw Mill team's guidance through strategy deployment, leading business practices, and acquisitions proved invaluable in driving a shared vision for the company and we're excited to continue building on such a successful foundation," commented David Curtis, Founder and CEO of Janus.
Based in Briarcliff Manor, New York, Saw Mill Capital is a private equity firm that acquires industrial and commercial service, specialty distribution and manufacturing businesses with enterprise values of $25 million to $200 million. Since 1997, Saw Mill Capital has been partnering with management teams to help successful businesses reach their full potential. www.sawmillcapital.com
Janus International Group, LLC is a global manufacturer and supplier of roll up and swing doors, hallway systems and re-locatable storage units for the self-storage industry. Headquartered in Temple, Georgia, Janus currently operates through 10 U.S. locations, two locations in Europe and a joint venture in Mexico. For more information, visit the Company's website at www.janusintl.com.
