West Coast Glass
West Coast Glass
Hexagon Capital Alliance LLC (“HCA”) advises W.C.P. Inc. dba West Coast Glass Products (“WCP”) on its sale to AGNORA Ltd. (“AGNORA”), a portfolio company of funds managed by Kensington Capital Partners Limited (“Kensington”).
Founded in 1988 and headquartered in Cerritos, California, West Coast Glass Products is a provider of custom insulating glass for high-end manufacturers of wood, aluminum, and steel windows and doors across North America. WCP’s customers rely on the company’s unique specialization in the manufacturing of insulating performance glass with the most high-requirement and stringent specifications.
West Coast Glass Products operates from a 100,000+ sq. ft. facility where annealed glass is converted and treated via tempering, laminating, sealing, and other cuts, seams & enhancements according to customer specifications. WCP also utilizes the latest technologies in its glass products, including warm edge Swisspacers, simulated divided lite bars, and argon gas fill, among others.
“I interviewed several investment banks and determined HCA was the best advisor to assist in this important life event. The Hexagon Capital Alliance team prepared me well from pre-transaction diligence through and after the closing event. Their knowledge of the most logical glass participants was essential throughout the transaction process and has ultimately created an even stronger glass company with the AGNORA and Kensington partnership,” said Rusty Neubauer, President, WCP.
Corey Boland, CEO, AGNORA added, “The combined expertise of AGNORA and WCP will pave the way for expanded product offerings and improved service delivery, making us a one-stop shop for whole-home solutions. We’re thrilled to align with a proven, established, and industry-leading partner. With over 30 years in business and long-standing relationships with customers across North America, WCP aligns perfectly with AGNORA’s mission to be a customer service company first and foremost.”
Andrew Suen, a Managing Director at HCA, stated, “We are honored to have worked with Rusty in the sale to AGNORA. West Coast Glass Products has built an impressive 30+ year history in producing the finest insulating glass in the marketplace. We’re excited about WCP’s union with AGNORA as its combined capabilities will offer customers a striking array of products featuring the latest glass innovations.”
For additional information, please contact:
Andrew Suen – Managing Director
About Hexagon Capital Alliance
HCA is an Orange County, California-based middle-market investment banking firm providing mergers & acquisitions, capital raise, and strategic advisory services. Founded in 1999 and previously known as Moss Adams Capital LLC, HCA spun-out from parent Moss Adams LLP and rebranded effective January 1, 2021.
HCA professionals have 120 years of combined middle-market experience and have completed more than 300 transactions in Consumer, Industrial, Healthcare and B2B sectors. For more information, please visit www.hexagoncapitalalliance.com.
About West Coast Glass Products
WCP, headquartered in Cerritos, California, was founded in 1988 and immediately recognized an underserved market in high-end, high-performance insulating glass. The company initially focused on markets in California, Nevada, and Arizona with the goal of producing only the very best products to meet the most stringent specifications. WCP now supplies insulating glass to high-end manufacturers of wood, aluminum, and steel windows and doors across North America. For more information, please visit www.westcoastglass.com.
AGNORA, headquartered in Collingwood, Ontario, is a leading fabricator of high-quality, complex, and oversized architectural glass serving the high-end residential and commercial sectors in North America. It is owned by Kensington Capital Partners Limited, a Canadian alternative asset manager that invests in North American middle market businesses. For more information, please visit www.AGNORA.com.
Kensington is a leading independent Canadian investor in alternative assets. Founded in 1996, and with over $1.3 billion invested in private equity, venture capital, and alternative assets. Kensington’s active management approach and relationship-based business has generated top quartile returns for investors. For more information, please visit www.kcpl.ca.
“We were impressed
with the Hexagon team’s strategic advice and skills in negotiating and managing the diligence process. With their guidance, we were able to achieve a strong valuation and successful outcome for our team and shareholders.”
Flavor Infusion International, S.A.