The Riverside Company opened the door for more growth at its Sunrise Windows (Sunrise) platform by adding Paragon Windows & Doors (Paragon).
Paragon primarily manufactures residential repair and replacement doors and windows. Based in Louisville, Kentucky, Paragon mainly sells through dealers. Sunrise Windows manufactures premium energy-efficient repair and replacement windows and doors and distributes them through specialty dealers.
“Paragon has an excellent reputation for its compelling door offerings,” said Riverside Managing Partner Suzy Kriscunas. “With its outstanding domestic production, it can meet customer demand quickly and effectively at a very competitive price point.”
Riverside is excited about the new window product lines Paragon brings in addition to the doors.
“Paragon’s composite window and the vinyl window that they just developed both slot into Sunrise Window’s product offerings nicely,” said Riverside Partner Tim Gosline. “This deepens the product line and enables Sunrise to provide the ideal window for just about any customer.”
The injection of new product lines should boost sales opportunities across the platform. Paragon adds new customers, and provides ample opportunity for cross-selling, particularly to customers previously limited to either window or door offerings from each respective company.
Working with Kriscunas and Gosline on the deal were Partner Anne Hayes, Principal Steve Burns, Associate John Ribble, Operating Partner Tom Anderson, Operating Executive, Finance Allison Zabransky and Operating Executive Hayden Cotterill.
About The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring and investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 480 transactions. The firm’s international portfolio includes more than 80 companies.