Building Products Acquisitions in Indiana
Indiana Building Products Deal Themes
Mergers and acquisitions in Indiana’s building products space often center on expanding regional service coverage and deepening product or channel capabilities across construction-adjacent end markets.
Recent transactions highlight both “platform + add-on” strategies (for example, On Track Partners and SCI Flooring growing via follow-on purchases) and category expansion by strategic acquirers, including Allegion plc and White Cap. Deal descriptions frequently emphasize footprint growth, new capabilities, and cross-selling potential.
Across these deals, the recurring buyer set includes private equity-backed platforms and specialized operators in garage doors, flooring, security hardware, modular building, and building supplies—reflecting how Indiana-based manufacturing and service businesses can fit into broader Midwest and national strategies.
What Stands Out
- On Track Partners and Rainier Partners backed platforms pursue add-on acquisitions to build density in Indiana (garage door services for On Track; flooring distribution/installation for SCI Flooring).
- Strategic acquirers expand portfolios through targeted manufacturing or specialty product additions, including Allegion plc (concealed hinges and premium door hardware) and Watts Water Technologies (drainage and plumbing products).
- Modular and building-envelope interests appear alongside more service-heavy categories, such as Sunbelt Modular’s acquisition of Whitley Manufacturing and MTL Holdings adding composite panels and tested wall systems.
- Home improvement and distribution channels are represented, including Gillman Do it Best Home Centers expanding with Goecker Building Supplies and White Cap adding forming and shoring capabilities via Jobsite Supply, Inc.
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July 28, 2025
- Buyer
- A.S.A.P. Garage Door Repair, Centerfield Capital Partners
- Target
- Affordable Garage Doors, Inc.
- Seller
- Tim Durham, Julie Durham
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
A.S.A.P. Garage Door Repair, a portfolio company of Centerfield Capital Partners, has acquired Affordable Garage Doors, Inc., a dealer and service provider operating in Indiana and Illinois. The transaction is an add-on to A.S.A.P.'s platform and is intended to expand its Midwest footprint and service capabilities across residential, commercial, and agricultural end markets.
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July 22, 2025
- Buyer
- Sunbelt Modular, Inc., Littlejohn & Co., LLC
- Target
- Whitley Manufacturing
- Seller
- Simon Dragan
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
Sunbelt Modular, a Littlejohn & Co.-backed modular building platform, has acquired Whitley Manufacturing, a custom commercial modular building manufacturer operating facilities in Indiana, Washington and Pennsylvania. Terms were not disclosed; Whitley CEO and owner Simon Dragan will remain an investor in the combined business as Sunbelt expands its national manufacturing footprint and capabilities.
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December 5, 2024
- Buyer
- On Track Partners, NorthCurrent Partners
- Target
- Thomas Garage Door Sales
- Seller
- Henry Thomas, Jim Stephens
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
On Track Partners, backed by NorthCurrent Partners, has acquired Thomas Garage Door Sales, a provider of residential and commercial garage door services in Central Indiana. The business will operate under the Fairmount Door brand as On Track Partners expands its regional footprint in Indiana.
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October 18, 2024
- Buyer
- Allegion plc
- Target
- SOSS Door Hardware
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Allegion plc, through a subsidiary, has acquired SOSS Door Hardware, the longtime manufacturer of concealed (invisible) hinges and premium door hardware. SOSS will report into Allegion Americas to expand Allegion's door hardware portfolio and complement brands such as Ives, Glynn-Johnson and Zero International; terms were not disclosed.
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September 16, 2024
- Buyer
- White Cap
- Target
- Jobsite Supply, Inc., Jobsite Formwork
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
White Cap, a leading distributor of specialty construction supplies, has acquired Jobsite Supply, Inc., a supplier of concrete accessories and forming and shoring solutions based in Indianapolis. The deal expands White Cap's offerings in the Indiana market and broadens its nationwide forming and shoring capabilities through the Jobsite Formwork brand.
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August 20, 2024
- Buyer
- On Track Partners
- Target
- Fairmount Door Corporation
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
On Track Partners, a garage door platform backed by NorthCurrent Partners, has acquired Fairmount Door Corporation, a commercial and residential garage door contractor with offices in Marion and Lafayette, Indiana. The add-on acquisition expands On Track Partners’ service footprint in Indiana and aims to enhance installation, maintenance, and repair capabilities for both residential and commercial customers.
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- Buyer
- Gillman Do it Best Home Centers
- Target
- Goecker Building Supplies
- Seller
- Connie Roeder, Max Roeder, Roeder Family
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Gillman Do it Best Home Centers has acquired Goecker Building Supplies, adding the North Vernon and Seymour, Indiana locations to its footprint. The deal, involving longtime owners Connie and Max Roeder, expands Gillman's presence in the Indiana home improvement market and brings Do it Best co-op affiliation, expanded product offerings and customer programs to the acquired stores.
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June 25, 2024
- Buyer
- SCI Flooring, Rainier Partners
- Target
- Carpetbaggers, Inc.
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
Rainier Partners' portfolio company SCI Flooring has acquired Carpetbaggers, Inc., a flooring distributor and installer serving the greater Indianapolis metro area. The add-on expands SCI's Midwest footprint into Indiana, increases exposure to the multi-family segment, and creates cross-selling and regional density benefits for the platform.
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February 16, 2024
- Buyer
- Central Indiana Hardware, Inc. Co. (CIH), APTURA Group
- Target
- Tinder Lock and Security Solutions
- Seller
- Mary Tinder
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Central Indiana Hardware, Inc. Co. (CIH), a subsidiary of APTURA Group, acquired Indianapolis-based Tinder Lock and Security Solutions on February 16, 2024. The deal expands CIH's locksmithing, access control, and commercial security capabilities and strengthens its leadership in Division 8, 10 and 28 commercial openings services.
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January 3, 2024
- Buyer
- Arbor Wood Co.
- Target
- EcoVantage, LLC
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Arbor Wood Co., a Duluth, Minnesota-based manufacturer of thermally modified wood products, has acquired EcoVantage, LLC, a thermally modified wood manufacturer based near Fort Wayne, Indiana. The acquisition is intended to expand Arbor Wood Co.'s production capacity, strengthen R&D capabilities, and reinforce its leadership in sustainable building materials.
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December 11, 2023
- Buyer
- Watts Water Technologies, Inc.
- Target
- Josam Company
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Watts Water Technologies, Inc. has acquired Josam Company, a Michigan City, Indiana–based manufacturer of drainage and plumbing products with approximately $35 million in annualized sales. The purchase, funded with cash on hand, expands Watts’ product portfolio and channel capabilities and is intended to drive growth through cross-selling and complementary offerings.
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September 19, 2022
- Buyer
- MTL Holdings
- Target
- Citadel Architectural Products
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
MTL Holdings has acquired Citadel Architectural Products, adding Citadel’s composite panels and tested wall systems to MTL’s portfolio of building-envelope brands. The deal brings Citadel’s Indiana-based, ISO 9001-certified manufacturing capability and independent rep network into MTL’s family alongside Metal‑Era and Hickman Edge Systems to expand product offerings and single-source envelope solutions.
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- Buyer
- CW Industrial Partners, LLC
- Target
- Safe-Way Garage Doors, LLC
- Seller
- Brixey & Meyer Capital
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
CW Industrial Partners, a Cleveland-based industrial private equity firm, has acquired Safe-Way Garage Doors, LLC, a manufacturer and distributor of residential, commercial and industrial overhead garage doors. Safe-Way was a portfolio company of Brixey & Meyer Capital; the transaction will add another building products business to CW Industrial Partners' portfolio and support Safe-Way's continued growth from its Warsaw, Indiana manufacturing operations.
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December 21, 2021
- Buyer
- CapitalWorks, LLC
- Target
- Safe-Way Garage Doors, LLC
- Seller
- Brixey & Meyer Capital
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Cleveland-based private equity firm CapitalWorks, LLC has acquired Safe-Way Garage Doors, LLC from Brixey & Meyer Capital. Safe-Way, a Warsaw, Indiana–headquartered manufacturer and distributor of residential, commercial and industrial overhead garage doors with distribution centers in Tennessee and Missouri, will become a CapitalWorks platform investment to support continued growth and operational improvements.
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September 14, 2021
- Buyer
- Fencing Supply Group, The Sterling Group
- Target
- Vinyl by Design
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
Fencing Supply Group (a platform backed by The Sterling Group) has acquired Vinyl by Design, a full-service provider of vinyl and aluminum fencing, railing and decking based in New Paris, Indiana. The add-on expands FSG's product offering and footprint in the Upper Midwest and complements existing fencing and outdoor living product lines across the platform.
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November 20, 2020
- Buyer
- Great Day Improvements, LLC
- Target
- Apex Energy Solutions
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Great Day Improvements, a vertically integrated home improvement company, has acquired Apex Energy Solutions, a direct-to-consumer provider of energy-efficient replacement windows and patio doors. The acquisition expands Great Day's product capabilities and geographic footprint across the U.S., adding Apex's network of company-owned and franchised locations and its proprietary sales and installation platform.
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September 28, 2020
- Buyer
- E.J. Welch (Merit Distribution Group), Center Rock Capital Partners
- Target
- Gilford-Johnson Flooring (territories/assets)
- Seller
- Gilford-Johnson Flooring
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
E.J. Welch, the flooring division of Merit Distribution (backed by Center Rock Capital Partners), acquired the Indiana, western Tennessee, Kentucky and Ohio territories — including facilities — of Gilford-Johnson Flooring effective Sept. 28, 2020. The transaction is an add-on to E.J. Welch's flooring distribution platform to expand its Midwest footprint and integrate local teams and supplier relationships.
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January 8, 2020
- Buyer
- Brixey & Meyer Capital
- Target
- Safe-Way Garage Doors
- Seller
- The Ellis Company
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Brixey & Meyer Capital (BMC) has acquired Safe-Way Garage Doors from The Ellis Company. Safe-Way, founded in 1950, is a manufacturer and distributor of residential, commercial, and industrial overhead garage doors with a manufacturing facility in Warsaw, Indiana and distribution centers in Tennessee and Missouri; the company will continue to be led by Sonny Nemitz and has about 60 employees.
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January 7, 2020
- Buyer
- Cameron Ashley Building Products, Inc., Pacific Avenue Capital Partners, LLC
- Target
- J&R Products, Inc.
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
Cameron Ashley Building Products, a Pacific Avenue Capital Partners portfolio company, has acquired J&R Products, a Bluffton, Indiana-based distributor of insulation accessories and small tool products. The add-on expands Cameron Ashley's product offering and physical footprint (Bluffton and Reno locations) to better serve northern Indiana, western Ohio and southern Michigan and enhances its nationwide insulation accessory capabilities.
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June 20, 2019
- Buyer
- Wynnchurch Capital, LLC
- Target
- MPL Holdings, LLC
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
Wynnchurch Capital has acquired MPL Holdings, LLC, a Fairland, Indiana-based manufacturer of cultured marble bath products serving the hospitality and multi-family housing markets. Wynnchurch said it will partner with MPL's management to invest in the business and support the company's next phase of growth.
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March 21, 2017
- Buyer
- ACProducts, Inc. (acpi), American Industrial Partners
- Target
- Smart, LLC
- Seller
- Shareholders of Smart, LLC (including Minishu Mekonnen)
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Addon
ACProducts, Inc. (acpi), a portfolio company of American Industrial Partners, has acquired Smart, LLC, a New Paris, Indiana-based manufacturer of stock kitchen and bath cabinets. The transaction adds Smart's manufacturing capability and dealer/distributor network to acpi's existing cabinetry platform, expanding its footprint and product offerings in the residential and institutional housing markets.
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October 6, 2016
- Buyer
- The Firefly Group, Kocolene Development Corporation
- Target
- Dealers Building Supply, Inc. (d/b/a Dealers Wholesale)
- Seller
- Dealers Building Supply, Inc. (selling shareholders, including Mike and Jeff Roache)
- Industry
- Building Products
- Location
- Indiana, United States
- Type
- Buyout
The Firefly Group and Kocolene Development Corporation acquired Dealers Building Supply, Inc., d/b/a Dealers Wholesale, a value-added distributor of doors, door hardware and fireplaces based in Indianapolis. Matrix Capital Markets Group served as exclusive advisor to Dealers Wholesale; the investment is intended to boost market penetration and expand the company's distribution capabilities.
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Frequently Asked Questions
Which acquisition types show up most in Indiana’s building products deals?
You’ll see a mix of platform-and-add-on strategies (notably for garage door services and flooring) and strategic portfolio expansions into specialty building products such as door hardware, drainage/plumbing, modular building manufacturing, and building-envelope components.
Are there Indiana-based manufacturers and suppliers involved in these deals?
Yes. Examples include Indiana operations tied to modular building manufacturing (Whitley Manufacturing), thermally modified wood (EcoVantage, LLC), drainage and plumbing products (Josam Company), and building-envelope systems (Citadel Architectural Products).
What kinds of end markets do the services and products tend to support?
Deal summaries reference residential and commercial needs across several categories, including garage doors, flooring, and security/access solutions. Some transactions also reference additional end markets such as agricultural for garage door services.
Which Indiana regions show up repeatedly in deal locations?
The page frames activity as centered on Indiana, with multiple deals tied to specific Indiana cities or metro areas—for example Marion and Lafayette for garage door contracting, and Indianapolis for flooring distribution/installation and certain security/hardware services.