Strengthening Large-Scale Optical Segment with Specialty Coatings and Materials Market

  • Apogee Enterprises acquires UW Interco for $240M
  • Integration into Large-Scale Optical segment
  • Expands offering of high-performance coated substrate solutions
  • Expected to boost adjusted diluted per-share earnings in fiscal 2026
  • Contributes approximately $100M revenue with a 20% adjusted Ebita margin in fiscal 2026

Apogee Enterprises has announced the acquisition of UW Interco from Heartwood Partners for $240 million, adding a manufacturer of surface-coated products to its architectural offerings. The deal will integrate UW Interco into its Large-Scale Optical segment, creating a scalable growth platform in the specialty coatings and materials market. Apogee’s CEO Ty Silberhorn called the purchase highly strategic, aligning with their goal of acquiring high-performing businesses for their portfolio. The cash deal is subject to closing conditions and expected to close in the fourth quarter. UW Interco, based in Louisville, Kentucky, manufactures coated substrates serving various end markets such as distribution centers and graphic arts. This acquisition will be accretive to Apogee’s long-term financial profile, contributing approximately $100 million of revenue with a 20% adjusted Ebita margin in fiscal 2026, boosting adjusted diluted per-share earnings. Heartwood Partners, the middle-market private equity firm investing from Fund IV, is proud of their partnership with UW Solutions and the successful outcome for investors.

Factuality Level: 10
Factuality Justification: The article provides accurate information about Apogee Enterprises acquiring UW Interco, details about the acquisition’s impact on both companies, and quotes from executives involved in the deal.
Noise Level: 3
Noise Justification: The article provides relevant information about a business acquisition and its expected impact on both companies involved, without any irrelevant or misleading content. It also includes specific financial details and quotes from executives. However, it lacks in-depth analysis or exploration of long-term trends or consequences for those affected by the decision.
Public Companies: Apogee Enterprises (APOG)
Private Companies: UW Interco,Heartwood Partners
Key People: Ty Silberhorn (Chief Executive), Demetrios Dounis (Managing Director)

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Financial Relevance: Yes
Financial Markets Impacted: Apogee Enterprises’ stock price may be impacted by this acquisition and the performance of UW Interco
Financial Rating Justification: The article discusses a company acquisition, which can affect the financial performance of both Apogee Enterprises and UW Interco, as well as the broader market for architectural products and services.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the article
Deal Size: The deal size is $240 million.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Medium
Affected Instruments: Stocks

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