Industry
Building Products
Company Profile
Farley Group was a leading Canadian manufacturer of vinyl windows and patio doors focused on the renovation and replacement market. At the time of NewPoint’s engagement, Farley Group was owned by its CEO and two prominent U.S. private equity firms, Sankaty Advisors, the credit affiliate of Bain Capital, and H.I.G. Capital.
NewPoint’s Role
A year after successfully restructuring Farley under CCAA, NewPoint was re-engaged to sell the Company. NewPoint worked with Farley's management and ownership team to identify prospective buyers and undertake a sale process that addressed various stakeholders' key objectives.
Transaction Snapshot
NewPoint successfully sold the business to Kaycan, a large building products manufacturer and distributor, by executing a timely sale process in less than four months. NewPoint’s sale process was critical in maximizing the proceeds to the Company’s stakeholders.