A buyer for Harvey Building Products
Harvey Industries Inc., doing business as Harvey Building Products, has been sold to Dunes Point Capital (DPC).
Harvey is a manufacturer and distributor of premium windows, as well as a wholesale distributor of a broad range of exterior building products.
“Since its founding by the Bigony and Morrison families, Harvey has become the leading independent building products distributor and manufacturer in the Northeast with a well-recognized and valuable brand name,” said Mike Hogan, a managing director in Harris Williams & Co.'s Building Products Group. “The sale of Harvey is indicative of the continued strong interest from private equity groups and strategic buyers in the building products sector.”
Management as well as members of the Bigony and Morrison families will continue to be meaningful investors in the business.
The transaction was led by Mike Hogan, Ryan Nelson and Trey Packard of Harris Williams & Co.’s Building Products Group, and Jay Hernandez and Brandt Carr of the firm’s Industrials Group.
“It has been a pleasure working with both families and the company’s management team,” added Jay Hernandez, a director at Harris Williams & Co. “We are excited to see the company, with the support of its new partner, build on its leading market position and continue its strong track record of growth.”
Founded in 1961 and headquartered in Waltham, Massachusetts, Harvey is a vertically integrated manufacturer of windows, doors and porch enclosures and a full-line distributor of wholesale exterior building products. Serving customers directly in the Northeast, the company has approximately 1,500 employees and operates two manufacturing facilities, 33 warehouse locations and 13 product showrooms.