Business Sale
Boca Raton, Florida
has been acquired by
Haddon Windows LLC
Bensalem, Pennsylvania
The Undersigned represented the Seller
Haddon Windows, LLC, the owner of Accu-Weld Windows & Doors, is pleased to announce the purchase of the intellectual property and assets of Speyer Door & Window, Inc. (Speyer) of Boca Raton, Florida. Jordan Knauff & Company served as exclusive advisor to Speyer in this transaction, as part of its M&A practice focused on the building products industry.
Speyer has developed a comprehensive portfolio of patented and patent pending technologies to lock and seal the full perimeter of entry doors, sliding doors, overhead doors, and windows. The Speyer technology enhances the safety, security, and energy efficiency of products on which they are used. In laboratory tests, Speyer’s products have exhibited superior performance in the areas of air and water infiltration, energy efficiency, impact resistance, and resistance to forced entry. These characteristics make the broad array of products utilizing the Speyer technology, which will be produced and marketed by Accu-Weld, ideal in settings from the wind zone to cold climates and urban centers throughout the country.
John Haddon Jr., president of Accu-Weld, stated “The Speyer technology is unlike anything that we’ve seen announced in the marketplace. We are focused on delivering market leading energy efficiency and security capabilities and are excited about the potential of these technologies in our products. These unique and patented capabilities greatly complement our Secura-Seal line of entry doors. During the next few months we will expand our dealer channel in anticipation of market launch.”
Kip Speyer, the president and co-founder of Speyer, said of the transaction, “We’re delighted to be working closely with the Haddon family. We look forward to the rollout of products utilizing the revolutionary technology that we created over the last four years.”
Michael Collins, Vice President of the Building Products Group at Jordan Knauff & Company, commented on the strong fit between the companies. “We believe that Haddon Windows will be able to bring its years of industry experience to bear on making the Speyer technology very successful,” he said.
About Haddon Windows, LLC
Haddon Windows, LLC is a family-owned business based in Bensalem, Pennsylvania. With the Haddon family’s 150 collective years in the business of windows and doors, Haddon Windows brings experience, valuable relationships, and the pride of family ownership to everything they do. Accu-Weld can be found at www.accuweld.com and Secura-Seal at www.securaseal.net.
About Jordan, Knauff & Company
Jordan Knauff & Company (JKC), an investment bank in Chicago, Illinois, served as exclusive advisor to Speyer Door and Window, Inc. in this transaction. JKC has a specialized practice in the building products industry, with a particular emphasis on window and door companies. JKC advises companies regarding acquisitions, sales, and the private placement of debt and equity capital.
To learn more about Jordan Knauff & Company, please visit www.jordanknauff.com or contact G. Cook Jordan, Jr. at cj@jordanknauff.com or 312-254-5901.
Business Sale
Phone: 312-254-5905
Fax: 312-254-5999
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