Cornerstone completes Cascade Windows acquisition

Cornerstone Building Brands reported that it has completed its acquisition of Cascade Windows for a cash purchase price of approximately $245 million, subject to customary adjustments. 

Cascade is an independent manufacturer of energy-efficient vinyl windows and doors serving the residential new construction and repair and remodel markets. Headquartered in Spokane Valley, Wa., Cascade has approximately 800 employees at six manufacturing and three distribution locations across the West and Pacific Northwest.

"We are excited to welcome our Cascade teammates to the Cornerstone Building Brands family,” said James Metcalf, Cornerstone chairman and CEO. “With Cascade, we have expanded our manufacturing presence across the rapidly growing west coast region and enhanced our tailored solutions offering for our customers.”

Cornerstone announced the deal earlier this month just days before reporting that Metcalf is retiring and will be replaced by Rose Lee, effective Sept. 6.