By Charlie Innis (February 28, 2022, 2:20 PM EST) – KPS Capital Partners, led by Paul Weiss Rifkind Wharton & Garrison LLP, announced on Monday that it intends to buy building products manufacturer Oldcastle BuildingEnvelope Inc. for 3.45 billion to Irish construction materials company CRH PLC.
Raquel Vargas Palmer, associate co-director of KPS, said in the release that the deal will make the investment firm the largest supplier of architectural hardware, glass and glazing systems in North America.
“We intend to drive profitable growth by providing the company with the financial resources to invest in commercial and operational excellence,” Palmer said. “We will leverage KPS’s decades of manufacturing expertise to build a business…
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