Window Installation Specialists, Inc.
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Jamie Boyd
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Overview
- Window Installation Specialists, Inc. (“WIS”) is a premier glazing, waterproofing and window installation company that specializes in complex large-scale commercial projects
- Over the past 20+ years, WIS has had a strong reputation for quality and worked on many of the new construction high rises in the Pacific Northwest from Seattle down to Southern California
Situation
- For the last decade, Quest Window Systems, Inc. (“Quest”), a subsidiary of Canadian-listed Exchange Income Corporation (“EIC”), has been a key supplier and partner to WIS, and together they provide services under supply and install contracts
- Quest had a desire to further vertically integrate and sought to acquire WIS as the Company continued to gain market share in its regions
- Also, Quest had recently acquired a similar company on the East Coast and sought to expand its reach to the West Coast
- WIS engaged Cascadia to negotiate the initial offer and terms, support in the exclusive diligence process and guided towards a successful close
Our Specialized Approach
- Cascadia acted as the exclusive financial advisor to WIS during the sale process
- Cascadia worked alongside the Company to drive an optimal outcome for the client
- Exchange Income Corporation acquired Window Installation Specialists in July 2020