Miter Brands announced the sale of Martin Door and CRi SoCal to Midland Garage Door and Builders FirstSource Inc., respectively.
"Midland Garage Door and Builders FirstSource are passionate about their teams and are the right partners to continue to drive value at these organizations. I am excited about the opportunities these transactions create for the dedicated teams and families at Martin Door and CRi SoCal,” says Ali Zahrieh, senior vice president of strategy and M&A, Miter Brands. "These divestitures also enable our Miter Brands team to focus on one of our most important guiding principles, which is to deliver value by manufacturing the finest products, services and customer experiences every day, everywhere."
Sale of Martin Door to Midland Garage Door
On July 30, Miter Brands completed the sale of Martin Door to Midland Garage Door. Martin Door plans to benefit from Midland Garage Door’s market reach and operational expertise. This acquisition aligns with Midland Garage Doors’ growth strategy and commitment to expanding its product offerings nationwide.
Sale of CRI SoCal to Builders FirstSource
Miter Brands also finalized the sale of CRi SoCal to Builders FirstSource Inc. in July 2024. Founded in 1986, CRi SoCal is an installer of high-end windows and doors in Orange County, California, which plans to enhance Builders FirstSource’s installation capabilities and opportunities to serve customers throughout Southern California.