October 24, 2017
AV Capital, an Austin, Texas-based private equity firm, announced today that it has acquired American Insulated Glass, LLC (“AIG”) in partnership with the company’s management team. Participating in the equity of the AIG investment with AV Capital was ORIX Mezzanine & Private Equity.
Founded in 1990, AIG is a leading fabricator and distributor of glass products in the Southeast U.S. With manufacturing facilities in Atlanta, Georgia and Pensacola, Florida, AIG specializes in providing insulated, tempered, laminated, and beveled glass to millworkers and glazing contractors serving the residential and commercial end markets. The company also distributes a full line of mirrors and wholesale glass products. The transaction will position AIG for its next stage of growth, including expanding its geographic coverage and service capabilities – both organically and via acquisition… read more