Highlander Partners Acquires Custom Window SystemsDecember 12th, 2012 by DWM Magazine
A group of former door and window executives from Highlander Partners L.P., a Dallas-based private investment firm, announced the acquisition of Custom Window Systems Inc., based in Ocala, Fla. The company says it will continue to operate under its existing name and operating structure. However, Greg Schorr, a senior advisor for Highlander, will join CWS as the president and CEO. Schorr was formerly the president and chief operating officer of the parent company of Simonton Windows. John Cwik, the company’s founder, president and CEO, will continue to work with CWS in a consulting and advisory role.
The company, which focuses on impact-resistant vinyl doors and windows operates a 250,000 square foot facility and employs approximately 290 people.
“We are very excited about the opportunity to draw on our collective backgrounds in the window and door industry and leverage our expertise in working with CWS,” says Jeff L. Hull, Highlander’s managing partner and the new chairman of CWS. “John and his team did a great job of managing the business through the downturn, and John’s forward-looking decision to refocus his operations from aluminum to vinyl windows and doors in 2006 positions the company to capitalize on a long-term market transition to vinyl, which has been driven by energy code changes.”
Hull, the former chairman, president, and CEO of Atrium Companies Inc., says he sees an industry recovery offering.
“We see a rebounding housing market and believe additional acquisition opportunities exist that could further a national window company strategy,” he adds.