In September 2019, The RiteScreen Company, LLC (the Company), a portfolio company of Seven Point Equity Partners and the largest independent manufacturer of window and patio door screens in North America, entered into a new $40,000,000 senior credit facility with U.S. Bank N.A. to repay the Company's existing indebtedness, pay a dividend to shareholders, and provide capital for growth.
Duff & Phelps served as placement agent to The RiteScreen Company in connection with the transaction.
About The RiteScreen Company
The RiteScreen Company, LLC, headquartered in Elizabethville, Pennsylvania, is the largest independent manufacturer of window and patio door screens in North America. With seven strategically located facilities across the United States, the company provides logistically intensive solutions for leading window and door original equipment manufacturers requiring just-in-time delivery. For nearly seventy years, RiteScreen has delivered exceptional value and long-term supply reliability to its customers, helping them get to market faster with superior quality products. Benesch Friedlander Coplan & Aronoff LLP served as legal advisor to The RiteScreen Company.
About Seven Point Equity Partners
Seven Point Equity Partners, LLC, based in Westport, Connecticut, is an operationally-focused, value-oriented private investment firm dedicated to achieving exceptional long-term returns for its investors. Seven Point concentrates on control equity investments in lower middle-market companies in North America. The firm partners with companies that have complex business and capital structure challenges and can benefit from Seven Point's Operating Partners' ability to drive operational improvement. The firm's differentiated funding approach allows Seven Point to back management teams patiently over a long investment horizon as they build great businesses and create fundamental value.
About U.S. Bank
U.S. Bank is a publicly-traded (NYSE: USB) bank holding company that provides a variety of financial services, such as banking, mortgage, investment and trust services. Founded in 1968, it is headquartered in Minneapolis, MN and has over $450 billion in assets. Emmet, Marvin & Martin, LLP served as legal advisor to U.S. Bank.
Eric Williams
Managing Director
Aerospace Defense and Government Services (ADG) Investment Banking
New York
