Posts Tagged ‘ CLOSING ’

Seven Point Equity Partners Closes $120 Million Continuation Fund for RiteScreen

Oct 21st, 2022

Seven Point Equity Partners LLC, a private investment firm based in Miami, recently announced the closing of RS7 Continuation Fund L.P., a single-asset continuation fund with approximately $120 million in equity commitments. The continuation fund transaction allowed certain investors to sell their stakes in The RiteScreen Company LLC, an independent North American-manufacturer of window and […]

**Update–Grafco Secures New Owner

Feb 1st, 2022

On February 1, Grafco sent a letter to its customers saying the company was closing after 58 years. The next morning, Mike Grafe, informed [DWM] magazine, “I am pleased to report we achieved an eleven hour breakthrough; there will be no interruption in service.” Stay tuned to as additional updates become available. Original story […]

Renewal by Andersen of Long Island to Close Call Center

Feb 7th, 2020

Renewal by Andersen of Long Island (Renewal), a window replacement business, will be closing its call center this spring. According to state filings 35 workers will be laid off as a result of the call center closing. Renewal filed a Worker Adjustment and Retraining Notification Act (WARN) notice with the state Labor Department on January […]

Beechworth Windows’ Wisconsin Plant to Close as James Hardie Exits Windows

Nov 9th, 2018

Employees of Chicago-based Beechworth Windows tell DWM magazine that the company’s Ladysmith, Wis.-based manufacturing facility is scheduled to close. The news follows an investor relations release posted November 8, 2018, by parent company James Hardie, explaining that the company has decided to move in a new strategic direction—one that includes closing its “windows business.” James Hardie […]