CHICAGO, April 10, 2007 (PRIME NEWSWIRE) -- Arch Aluminum & Glass Company, a private company specializing in the architectural glass products industry, has acquired Trulite Industries, Ltd., a privately held glass fabricator and distributor. Transaction terms were not disclosed.
RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as exclusive financial advisor to Trulite Industries.
"The Trulite Industries acquisition allows Arch Aluminum & Glass to continue its expansion strategy throughout North America, while providing an efficient entrance into the Canadian marketplace," said Brian Boyle, managing director of RSM EquiCo Capital Markets, and head of the firm's Chicago office. "It also gives the company access to Trulite's impressive customer base, which will offer new channels for its full line of offerings."
About RSM EquiCo Capital Markets
RSM EquiCo Capital Markets LLC (www.rsmequico.com) is a global provider of investment banking services to private and public companies with annual revenues of up to $1 billion. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives.
As specialists in facilitating mergers and acquisitions, structuring recapitalizations, providing access to capital markets and offering fairness opinions, RSM EquiCo Capital Markets plays a noteworthy role in the "middle-market" field. These services include facilitating the acquisition of North American companies and raising capital for a wide variety of purposes, ranging from acquisitions and leveraged buyouts to balance sheet restructuring.
RSM EquiCo Capital Markets is licensed by the SEC and all state securities authorities, and is a member of the NASD and SIPC. The firm's international headquarters are located in Costa Mesa, Calif. It also has offices in Chicago, Boston, New York, London and Mumbai, India.
About Trulite Industries, Ltd.
Trulite Industries, Ltd., founded in January 1975, is an Ontario-based company operating from two properties totaling 128,000-square-feet of floor space in Mississauga, Ontario. The company is one of the largest and most respected independent glass fabricators in Canada. Trulite manufactures commercial insulated glass-sealed units, tempered glass, spandrel glass, cut-size glass, and as a glass distributor supplies a myriad of products to residential sealed-unit fabricators, glass fabricators, and glazing shops. Trulite has supplied product for highly visible projects in several major cities, including the main terminal at the new Toronto Airport, Boston Convention Centre, Pittsburgh Steelers football stadium, and Chrysler Pyramids project in Manhattan. Trulite - which operates the first fully automated, fully computerized Canadian plant of its type -- employs state-of-the-art production methods, which allows input in all phases of a client project, including planning, architectural and engineering stages, as well as the manufacture and delivery of products.
About Arch Aluminum & Glass Company
Arch Aluminum & Glass Company, headquartered near Miami, Fla., is one of North America's largest architectural glass and aluminum fabricators and distributors, with 25 locations throughout the United States. Arch has created a total-system approach to satisfy any architectural glazing requirement. Arch Aluminum is a premier family-owned U.S. glass fabricator with over 25 years of experience in glass and glazing products. The company supplies glass, aluminum, mirror, laminated and decorative glass, and manufactures architectural aluminum systems, including storefront, curtainwall, entrance and impact material.