Patio Enclosures, Inc. To Merge with Resilience Capital Partners Portfolio Company
Patio Enclosures, Inc. today announced its intent to merge with Branstrator Sunrooms, a Resilience Capital Partners portfolio company.
Macedonia, OH (Vocus/PRWEB ) October 9, 2008 -- Patio Enclosures, Inc. today announced its intent to merge with Branstrator Sunrooms, a Resilience Capital Partners portfolio company.
Patio Enclosures, Inc. Logo
Both companies have a heritage of designing and manufacturing practical and imaginative sunroom and related products. Patio Enclosures will continue to supply the Patio Enclosures line of custom Sunroom products through its existing branches, franchises and dealer locations.
Branstrator Sunrooms, located in Fort Wayne, IN, will continue to supply their range of Sunroom and basement products through their existing dealer network and will be supported by the world class manufacturing, customer service, shipping and design expertise of Patio Enclosures.
"We are excited about the opportunity to extend our industry leadership and to provide customers with enhanced sunroom products." said Ken Sekley, President and CEO of Patio Enclosures.
"In an economy as challenging as ours and a market so fragmented, this merger allows us to combine the core strengths of each business and provide our customers with the optimal product and service offerings." commented Mike Francis, Branstrator President and CEO.
About Patio Enclosures
Located in Macedonia, OH, Patio Enclosures, Inc., the largest manufacturer and installer of sunrooms in North America, operates 30 branches, 11 franchises, and 10 dealers across the United States and Canada and has more than 750 employee-owners. The company also operates two casual living furniture stores in Macedonia, OH and Pittsburgh, PA. For more than 40 years, Patio Enclosures has been at the forefront of technology developments in the sunroom industry and is the only sunroom company today offering ENERGY STAR® qualified roof panels, doors, windows and floor panels to provide ultimate comfort and energy efficiency. For more information, please visit www.patioenc.com.
About Resilience Capital Partners
Headquartered in Cleveland, Ohio, Resilience Capital Partners is a leading private equity firm specializing in investing in lower middle market companies within a broad range of industries. Resilience's value oriented investment strategy is to acquire companies with solid business prospects in a wide variety of special situations including underperformers, corporate divestitures, turnarounds, and orphan public companies. Since its inception in 2001, Resilience has acquired 16 companies with total revenue in excess of $1.5 billion. For more information, please visit www.resiliencecapital.com.
Contact Information:
Patio Enclosures, Inc.
Mr. Ken Sekley
330-468-0700 Ext 12221
Kenneth.Sekley@patioenc.com
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