THV Adding Paragon Door
THV Compozit Windows & Doors, the manufacturer and installer of replacement windows and patio doors, is expanding through the acquisition of Paragon Door Designs, a producer of entryways, including steel and fiberglass entry doors and premium storm doors. Both companies are based in Louisville, Ky.
“The acquisition of Paragon by THV Compozit is an excellent marriage of strengths and matched vision," says Charles L. Smith, THV Compozit CEO. "The combined company has unique expertise in sales, marketing, product innovation and distribution. We have a complete program with THV Compozit windows, along with Paragon doors and storm doors, that provides real product differentiation to give our dealers the type of competitive selling advantages that will help them dominate their local markets.”
“This acquisition gives the dealer partners of THV Compozit and Paragon access to window and door products from one supplier with one vision–ensuring dealer success," adds David Burks, previously Paragon president/CEO and now THV's executive vice president of sales. "We’re excited about broadening our product offerings and we expect our combined talents to create great opportunities at THV Compozit to help our dealer partners prosper and grow their businesses.”
Product innovation has been a key to past success with both companies, officials note. THV manufactures its windows from a maintenance-free material said to provide more than four times the strength of traditional vinyl windows. Paragon’s line features the Coordinated Entryway System that encompasses entry door and storm door combinations with a coordinated paint and clad jamb color palette and keyed-alike locks.
THV Compozit is a division of True Home Value Inc., which owns several retail outlets throughout the Midwest and partners with more than 70 independent dealers throughout the United States, the company reports. True Home Value ranks seventh in The Replacement 100 rankings of the largest replacement contractors in the U.S. from Replacement Contractor magazine.
Founded in 1993, Paragon Door Designs sells its products through a dealer network that includes window and door dealers, remodelers and home improvement firms.