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Dynamic quotes 
OFFON

CORNERSTONE BUILDING BRANDS, INC.

(CNR)
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Cornerstone Building Brands, Inc. completed the acquisition of Cascade Windows, Inc. from CenterOak Equity Fund I, L.P. managed by CenterOak Partners LLC.

08/20/2021 EDT

Cornerstone Building Brands, Inc. (NYSE:CNR) agreed to acquire Cascade Windows, Inc. from CenterOak Equity Fund I, L.P. managed by CenterOak Partners LLC for approximately $250 million on July 30, 2021. The consideration is paid in cash. The deal is expected to be funded with cash on hand. Cascade generated approximately $160 million in sales during the trailing twelve months ended May 2021. Cascade team will join Cornerstone Building Brands. The acquisition expands Cornerstone Building Brands manufacturing presence across the rapidly growing West Coast region. The transaction is subject to regulatory approval and customary closing conditions. The acquisition is expected to close in the third quarter of 2021. Cornerstone Building Brands expects the transaction to be accretive through purchasing and manufacturing optimization synergies, margin expansion and revenue growth opportunities. Robert Little, Krista Hanvey and Joshua Lipton of Gibson, Dunn & Crutcher LLP acted as legal advisor to CenterOak Partners LLC. Sullivan & Cromwell LLP acted as a legal advisor to Cornerstone Building Brands, Inc. J.R. Doolos of KeyBanc Capital Markets Inc. served as the exclusive financial advisor to Cascade in connection with the transaction. Cornerstone Building Brands, Inc. (NYSE:CNR) completed the acquisition of Cascade Windows, Inc. from CenterOak Equity Fund I, L.P. managed by CenterOak Partners LLC on August 20, 2021


ę S&P Capital IQ 2021
All news about CORNERSTONE BUILDING BRANDS, INC.
10/20CORNERSTONE BUILDING BRANDS : to Announce Third-Quarter 2021 Financial Results on November..
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10/01CORNERSTONE BUILDING BRANDS : to Host Manufacturing Day Events in Six Communities
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09/24CORNERSTONE BUILDING BRANDS : Names New Senior Leaders in Operations, Supply Chain
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09/24Cornerstone Building Brands, Inc. Names New Senior Leaders in Operations, Supply Chain
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09/10CORNERSTONE BUILDING BRANDS : UBS Adjusts Cornerstone Building Brands PT to CA$183 From CA..
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09/07CORNERSTONE BUILDING BRANDS : Reports Inducement Awards Pursuant to NYSE Rule 303A.08
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09/03CORNERSTONE BUILDING BRANDS : to Participate in the Upcoming RBC Capital Markets Global In..
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08/20CORNERSTONE BUILDING BRANDS : Completes Acquisition of Cascade Windows, Deepens Residentia..
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08/20Cornerstone Building Brands, Inc. completed the acquisition of Cascade Windows, Inc. fr..
CI
08/19CORNERSTONE BUILDING BRANDS : Appoints Judith Reinsdorf to Board of Directors (Form 8-K)
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Analyst Recommendations on CORNERSTONE BUILDING BRANDS, INC.
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Financials (USD)
Sales 2021 5 455 M - -
Net income 2021 71,7 M - -
Net Debt 2021 2 323 M - -
P/E ratio 2021 25,1x
Yield 2021 -
Capitalization 1 790 M 1 790 M -
EV / Sales 2021 0,75x
EV / Sales 2022 0,66x
Nbr of Employees 20 000
Free-Float 42,7%
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Technical analysis trends CORNERSTONE BUILDING BRANDS, INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 4
Last Close Price 14,20 $
Average target price 21,75 $
Spread / Average Target 53,2%
EPS Revisions
Managers and Directors
Rose Lee President, Chief Executive Officer & Director
Jeffrey S. Lee Treasurer, Chief Financial & Accounting Officer
James S. Metcalf Executive Chairman
James F. Keppler Executive Vice President-Operations
Alena Brenner Secretary, Executive VP & General Counsel
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