#USA #Sarasota #All Glass #Windows Holdings #Cross Rapids

All Glass & Windows Secures Vital Funding

All Glass & Windows Holdings, Inc., a leading dealer and installer of impact-resistant windows and doors, has recently achieved a critical milestone in its business expansion strategy. The company announced that it has completed an equity recapitalization, with the support of Cross Rapids Capital LP, following the exit of its prior investor, Prospect Partners. This significant move is poised to enhance All Glass & Windows' growth trajectory and market presence in Florida's competitive construction landscape.

Background of the Company

Founded in 2009 by Christopher Harris and David Fleeman, All Glass & Windows specializes in providing high-quality, impact-resistant window and door solutions tailored to meet the needs of general contractors, builders, and homeowners throughout Florida. Their impressive product range includes not only windows and doors but also commercial storefronts and curtain walls. The company prides itself on offering consultative design services and comprehensive project management, serving diverse markets including residential, commercial, and industrial sectors.

Transition in Investment Partners

The transition from Prospect Partners to Cross Rapids Capital marks a new chapter for the company. Prospect Partners has been a supportive partner since September 2016, helping All Glass & Windows make significant advancements in its business operations. Under their guidance, the company has made critical investments in team development and infrastructure, contributing to its growth and establishment as a leader in the impact window sector.

Cross Rapids Capital expressed enthusiasm about this new partnership, emphasizing their commitment to supporting the company’s leadership in executing future growth strategies. Rick Tuttle, Founder of Prospect Partners, praised Harris and Fleeman's operational prowess and the significant progress the company made during their partnership. This includes the establishment of a dedicated distribution facility and geographic expansion efforts across South Florida.

Future Growth Plans

Looking ahead, All Glass & Windows aims to leverage the resources and expertise provided by Cross Rapids Capital to further scale its operations. Harris, the co-founder, noted the excitement surrounding this new partnership and the opportunity it presents to enhance service delivery while maintaining the company’s commitment to quality and customer satisfaction.

Community and Customer Commitment

Fleeman, also a co-founder, acknowledged the trust customers, manufacturers, and employees have placed in the company. The team’s dedication to delivering top-notch products and services remains unwavering, with a strong focus on a family-first approach to business operations.

The company’s continued commitment to providing best-in-class, impact-resistant solutions underscores its position as a crucial player in Florida’s construction industry.

Legal and Financial Advisory

In this transaction, TM Capital Corp acted as the financial advisor to All Glass & Windows, while DLA Piper LLP served as their legal counsel. Meanwhile, Greenberg Traurig LLP was involved as legal counsel for Cross Rapids Capital.

For more information about All Glass & Windows and its offerings, you can visit their official website at www.allglasswindows.com.

In conclusion, the completion of this equity recapitalization signifies not just the evolution of All Glass & Windows as a key player in the impact-resistant window industry but also sets the stage for exciting developments that customers and partners can anticipate in the near future.