Masonite International Corporation announced that it has entered into a definitive agreement for the sale of all assets associated with the company’s Architectural segment to subsidiaries of IBP Solutions, Inc., a newly formed portfolio company of Industrial Opportunity Partners.
The transaction is expected to close in the Q2 2024 and is subject to customary closing conditions.
Houlihan Lokey, Inc. acted as Masonite’s financial advisor on the transaction.
Masonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and door systems for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets.
