PrimeSource Brands, a North American provider of specialty branded building products backed by Clearlake Capital Group, L.P. (“Clearlake”), announced that it has acquired Fortress Railing Products (“Fortress Railing”, or the “Company”), a leading provider of railing systems designed for performance and ease-of-installation. The transaction represents PrimeSource Brands’ ninth acquisition since partnering with Clearlake in December 2020. Financial terms were not disclosed.
Based in Garland, TX, Fortress Railing specializes in designing and distributing customizable steel, aluminum, cable, and glass railing systems, including infills, balusters, handrails, lighting, and accessories.
“Fortress Railing has been a leader in the outdoor living segment for over 20 years, recognized for quality, durability, versatility, and ease of installation. The PrimeSource Brands team is eager to collaborate with management to further develop the current outdoor living portfolio,” said Tom Koos, CEO of PrimeSource Brands. “The Fortress Railing team has developed an impressive assortment of products and intellectual property that complement our existing RailFX, Ultra-Tec, CityPost, and Keylink offerings.”
“The acquisition of Fortress Railing Products represents another successful step forward in our strategy to scale PrimeSource Brands through both organic growth and acquisitions,” said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, of Clearlake. “As our third acquisition in the railing category, the team is excited to utilize our O.P.S.® playbook to further enhance PrimeSource’s offering within the building products industry.”
Massumi + Consoli LLP provided legal counsel to PrimeSource Brands and Clearlake. Stifel, Nicolaus and Company, Inc. served as the exclusive financial advisor to Fortress Railing Products.
