Arborview Capital Sells Drexel Metals to CCM

7/12/17

Arborview Capital, an impact focused growth equity firm, is pleased to announce that its portfolio company, Drexel Metals, Inc., has been acquired by Carlisle Construction Materials, a $2 billion division of Carlisle Companies (NYSE: CSL). Following Arborview’s investment in 2011, Drexel Metals has grown into a leader within the architectural metal roofing segment serving both residential and commercial customers with annual sales of approximately $50 million. Drexel Metal’s customers fabricate roofing panels using portable roll-forming machines, resulting in increased flexibility, reduced inventory, and significantly lower costs for customers. Standing seam metal is one of the most energy efficient roofing materials, is highly durable, and is also an ideal material for mounting solar panels.

Drexel Metal’s senior management team will continue on with CCM and focus on expanding the brand’s presence in the architectural metal roofing segment. “Drexel Metals would like to thank Arborview Capital for being a fantastic strategic partner and for their unwavering support through our company’s growth. We are excited about being part of the CCM family of products and what this new structure will mean for our customers and employees,” said Brian Partyka, President of Drexel Metals.

CCM CEO John Altmeyer commented, “Drexel Metals represents an outstanding opportunity for CCM to expand its roofing presence beyond its traditional low-slope, single-ply segment. The fragmented nature of the metal roofing business allows for both greenfield and acquisition growth opportunities that the experienced team at Drexel Metals will be encouraged to pursue.”

Karl Khoury, a partner at Arborview Capital who also served as Executive Chairman of Drexel Metals commented, “Brian and the leadership team at Drexel Metals have performed exceptionally well over the past six years. We are excited for Drexel Metals’ future and know that as a part of CCM they will be able to further expand the market for sustainable, eco-friendly architectural metal roofing.”

FMI Capital Advisors served as exclusive financial advisor to Drexel Metals on this transaction.

About Arborview Capital

Arborview Capital is a growth equity and venture capital firm that makes investments in impact-focused companies across the energy efficiency, resource efficiency and sustainability sectors. Arborview’s principals have significant experience partnering with exceptional management teams to build best-of-breed businesses in high growth industries. Arborview is headquartered in Chevy Chase, Maryland. www.arborviewcapital.com

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.

Baltimore Business Spotlight

Feature Your Business Here

Connect with these Baltimore Professionals on LinkedIn

  • Edwin Warfield

    Editor in Chief, Warfield Digital

    Connect
  • Jean Halle

    Independent Consultant

    Connect
  • Larry Lichtenauer

    President of Lawrence Howard & Associates

    Connect
  • Newt Fowler

    Partner at Womble Carlyle, LLP

    Connect
  • David Crowley

    Owner at Develop DC

    Connect
  • Carolyn Stinson

    Stinson Marketing Group

    Connect