Janus International Group, Inc. acquired Terminal Maintenance and Construction, Inc from David Scot Smith for $60 million.
May 19, 2024
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Janus International Group, Inc. (NYSE:JBI) acquired Terminal Maintenance and Construction, Inc from David Scot Smith for $60 million on May 17, 2024. Nathan D. Sawyer and Anthony Consoli, P.C. of Massumi + Consoli LLP acted as legal advisor to Janus International Group, Inc. (NYSE:JBI). Branden Baltich and William J. Ching acted as legal advisor to David Scot Smith.
Janus International Group, Inc. (NYSE:JBI) completed the acquisition of Terminal Maintenance and Construction, Inc on May 17, 2024.
Janus International Group, Inc. is a global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions. It operates through two geographic segments: Janus North America and Janus International. The Janus North America segment is comprised of all the other entities, including Janus International Group, LLC, Betco, Inc., Noke, Inc., Asta Industries, Inc., DBCI, LLC, Access Control Technologies, LLC, Janus Door, LLC, and Steel Door Depot.com, LLC. The Janus International segment is comprised of Janus International Europe Holdings Ltd. (UK). Its production and sales are in Europe and Australia. It provides facility and door automation and access control technologies, roll up and swing doors, hallway systems and relocatable storage moveable additional storage structures (MASS) units. It is comprised of three sales channels, including New Construction-Self-storage, R3-Self-storage, and Commercial and Other. It also provides terminal maintenance services.