The facts block is sourced from a single SEC filing: an 8-K filed with SEC EDGAR and published on March 28, 2024. The deal's current status is pending regulatory approval.
On the financial advisory side, several firms are named across three distinct roles. On the acquirer side, KeyBanc Capital Markets Inc. and RBC Capital Markets both acted as financial advisors to and provided committed debt financing for MITER Brands, with no lead designation specified. Separately, on the sponsor side, Rothschild & Co US Inc. served as financial advisor to Koch Equity Development LLC. On the target side, Evercore served as exclusive financial advisor to PGTI and is designated as lead advisor.
Legal counsel was also extensively disclosed. On the target side, Davis Polk & Wardwell LLP served as legal counsel to PGTI. On the sponsor side, Jones Day served as legal counsel to Koch Equity Development LLC, with Gibson, Dunn & Crutcher LLP serving as its tax counsel. On the acquirer side, Stinson LLP acted as legal counsel and Simpson Thacher & Bartlett LLP acted as debt financing counsel to MITER Brands.
Beyond the cash consideration implied by the subtype, the facts block does not disclose a per-share purchase price or the aggregate transaction value.
Several facts are not disclosed in the source material. The overall deal value is not stated. The facts block does not give a per-share price, nor does it specify an expected closing date. It also does not detail the size of the committed debt financing provided by KeyBanc Capital Markets and RBC Capital Markets.