CenterOak Partners to sell Cascade Windows to Cornerstone Building Brands
CenterOak Partners (CenterOak), a Dallas-based private equity firm, is to sell its portfolio company Cascade Windows (Cascade), to Cornerstone Building Brands, for a cash purchase price of USD245 million.
The transaction is subject to customary closing conditions.
The sale, when closed, will mark CenterOak Fund I’s third exit in the last twelve months.
Headquartered in Spokane Valley, WA, Cascade is a leading independent manufacturer of energy-efficient single and double hung vinyl windows, sliders, and patio doors serving the residential new construction and repair and remodel markets across the West and Pacific Northwest. CenterOak acquired Cascade in 2016.