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PGTI Martin acquisition

PRESS RELEASE OCT. 17, 2022 Martin Door Is Acquired By PGT Innovations

Martin Door
2828 S 900 W
Salt Lake City, Utah 84119
martindoor.com

MARTIN DOOR IS ACQUIRED BY PGT INNOVATIONS

Salt Lake City – 10/17/2022 – Martin Door Holdings, manufacturer of the “World’s Finest, Safest Garage Doors” Since 1936, announces they have been acquired by PGT Innovations (NYSE: PGTI), a national leader in premium windows and doors, headquartered in Florida.

“PGT Innovations’ long-standing focus on innovation, safety, and quality, as well as their exceptional dedication to their team members, made the decision to join their family of brands an easy one,” said Scott Huntsman, Chief Executive Officer of Martin. “We are honored that the group saw similar qualities in our team and selected Martin to be the brand to help them enter into the overhead garage door industry. We are excited to work with the PGT Innovations team to advance further our manufacturing capabilities and serve as their flagship brand in the garage door product category. This transaction would not have been possible without the incredible efforts of innumerable people – from our passionate employees, to our loyal dealers, and dedicated vendors who worked in synchrony to bring Martin to the company it is today. The support we received from every side was amazing, and I look forward to a long and successful continued relationship with each of these partners. We also would like to thank Black Oak Capital and Ridgeline Capital, for their support over the past several years helping us achieve the growth we have seen in recent years.”

Background on Martin Door
Martin Door manufactures premium garage doors and hardware with quality, safety, and design features unparalleled in the industry. Their advanced Door Builder application revolutionized the door-building process by allowing complex custom garage door configurations in seconds superimposed onto the consumer’s own home photo.

Martin Door’s broad catalog includes energy efficient aluminum and steel frame residential and commercial garage doors with unlimited innovative door and window designs.

Background on PGT Innovations
PGT Innovations manufactures and supplies premium windows and doors. Its highly engineered and technically advanced products can withstand some of the toughest weather conditions on Earth and are revolutionizing the way people live by unifying indoor and outdoor living spaces. Their high-quality products are available in custom and standard sizes with massive dimensions that allow for unlimited design possibilities in residential, multi-family, and commercial projects.

PGT Innovations is also the nation’s largest manufacturer of impact-resistant windows and doors and holds the leadership position in its primary market.

The PGT Innovations’ family of brands include CGI®, PGT® Custom Windows and Doors, WinDoor®, Western Window Systems, Anlin Windows & Doors, Eze-Breeze®, NewSouth Window Solutions, a 75 percent ownership stake in Eco Window Systems, and now Martin Door. The company’s brands, in their respective markets, are a preferred choice of architects, builders, and homeowners throughout North America and the Caribbean. PGTI is publicly traded on the New York Stock Exchange under the ticker “PGTI”.

https://pgtinnovations.com/news/pgt-innovations-acquires-martin-door-expands-into-garage-door-market/

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Media Relations
Stephanie Cz
941-480-1600
Corporate Communications