PGT Innovations, Inc.

Overview

Deal Type Debt Capital Markets
Size $250 Million
Senior Secured Credit Facility
Client & Transactional Partners PGT Innovations, Inc.
Martin Door Holdings, Inc.
Our Role Joint Bookrunner
Joint Lead Arranger

Summary

On October 14, 2022, KeyBanc Capital Markets (KBCM) successfully closed on the syndication of a $250 million Senior Secured Revolving Credit Facility (the Senior Secured Credit Facility) for PGT Innovations, Inc. (PGT or the Company). Proceeds from the new Senior Secured Credit Facility will be used to refinance the Company’s existing Senior Secured Revolving Credit Facility, acquire Martin Door, and to finance working capital and general corporate purposes. KBCM acted as Joint Lead Arranger and Joint Bookrunner on the Credit Facilities. KBCM was selected for this role due to its ongoing strategic dialogue with the Company, industry expertise, and debt capital markets capabilities.

PGT Innovations manufactures and supplies a variety of building products, such as impact-resistant windows and vinyl window frames, to domestic and international customers. PGT operates under the Anlin, CGI, ECO, Eze-Breeze, NewSouth, Western and WinDoor brand names. Headquartered in North Venice, FL, PGT has approximately 5,500 team members across the U.S. to support its 30 facilities.

Founded in 1936, Martin Door is a leading manufacturer of overhead garage doors and accessories serving the western U.S. residential and commercial markets. Headquartered in Salt Lake City, UT, the Company offers a comprehensive array of high-quality, customizable solutions via its technology-driven manufacturing processes.

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