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Brynwood
Partners Completes
Acquisition of Metro
Door, Inc.
December 2 , 2004
Greenwich , CT – December
2, 2004 – Brynwood
Partners L.P. (“Brynwood”),
a private investment
firm, announced today
it has acquired Metro
Door, Inc., a manufacturer
of security enclosures
and a provider of incident-related
repair services to
leading national retailers.
Metro Door is headquartered
in Hauppauge, NY and
has a manufacturing
facility located in
Lewisburg, TN. The
terms of the transaction
were not disclosed.
“We were attracted
to Metro Door and its
service division, USA
Facilities Maintenance
(“USAFM”)
because of its strong
position in security
doors and outstanding
reputation among its
customers for their
24 / 7 emergency repair
services,” said
Robert Sperry, a Managing
Partner of Brynwood. “It
is a fast-growing company
with a highly motivated
and customer-focused
management team. We
look forward to supporting
Metro Door, both financially
and operationally,
in their efforts to
become a larger force
in this industry.”
Henk Hartong, Jr,
Senior Managing Partner
of Brynwood said, “We
are excited to make
Metro Door the first
investment of our latest
fund, Brynwood Partners
V L.P. This investment
fits our strategy of
investing in the light
industrial manufacturing
and business services
sectors. Metro Door
provides a strong business
platform to build upon,
and we look forward
to working with President/CEO
Scott McDermott and
his team”.
About Metro Door
Metro
Door, Inc. is a manufacturer
of premium quality
security enclosures
including rolling and
sliding grills, rolling
service doors and counter
shutters. The Company’s
service division, USAFM,
has a proprietary network
of field technicians
that repair and replace
all types of doors
as well as provide
glass replacement and
general handyman services.
USAFM has become a
leading participant
in the facility maintenance
market by providing
superior customer service,
24 hour availability
and rapid response
time anywhere in the
country. The company
was sold to Brynwood
by an entity formed
by Strategic Investments & Holdings
and Management. For
more information, please
visit www.Metrodoor.com.
About Brynwood
Partners
Founded
in 1984, Brynwood
Partners is a private
equity fund which
invests in lower
middle market companies
over a long-term horizon
targeting consumer
products, light industrial
manufacturing, specialty
retailing and business
services. The principals
of Brynwood have made
investments in 17 portfolio
companies and have
successfully partnered
with management and
owners who want to
continue to run their
businesses but need
the financial and operating
partner support Brynwood
uniquely provides.
Brynwood Partners is
based in Greenwich,
CT. For more information,
please visit: www.BrynwoodPartners.com.
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