has been acquired by

Lexington Manufacturing is a leading provider of engineered components to window and door OEMs in the United States and internationally.

Senior Team

Neale Fisher

Managing Director

Lexington Manufacturing

Type

M&A Sell-Side

Description

Lexington, a provider of engineered components for window and door manufacturers, engaged Croft & Bender to evaluate strategic alternatives, including a majority recapitalization or strategic sale. Croft & Bender assisted in building a financial model, creating marketing materials, conducting management presentations, managing due diligence, and negotiating the successful sale to Watkins Associated Industries.

Industries

Industrial

has been acquired by

Lexington Manufacturing is a leading provider of engineered components to window and door OEMs in the United States and internationally.

About

Headquartered in Coon Rapids, Minnesota, Lexington is a leading provider of engineered components to window and door original equipment manufacturers in the United States and internationally. The Company's products are comprised of a variety of materials, including hardwoods, softwoods, aluminum, plastics, MDF, particleboard and other panel products.

Situation

Croft & Bender was engaged to help the Company evaluate strategic alternatives, including a majority recapitalization or strategic sale of the business. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process and negotiate with buyers.

Result

Croft & Bender successfully negotiated the sale of the Company to Watkins Associated Industries.

News Release

Croft & Bender Serves as Financial Advisor to Lexington Manufacturing in its Sale to Watkins Associated Industries