Clearlake Capital Group has entered into a definitive agreement to acquire Springs Window Fashions, a leading provider of custom window coverings, continuing the company's growth trajectory post-ownership under AEA Investors and BCI.

Target Company Overview

Springs Window Fashions ("Springs"), headquartered in Middleton, Wisconsin, is a premier provider of custom window treatment products in the United States. The company offers a diverse range of brands, including Graber, Horizons, Bali, Mecho, and SWFcontract, which cater to various residential and commercial markets. With its commitment to innovation and quality, Springs has become a recognized leader in the industry, continuously expanding its product offerings and market presence.

Since its acquisition by AEA Investors LP and British Columbia Investment Management Corporation (BCI) in 2018, Springs has experienced remarkable growth. This expansion has been fueled by strategic initiatives such as innovative product development, channel diversification, and significant operational enhancements. Moreover, the company recently bolstered its international reach with the acquisition of B&C International in The Netherlands.

Industry Overview in the United States

The U.S. window treatment industry is characterized by robust demand driven by the housing market and consumer preference for customization. With an increasing focus on home aesthetics and functional solutions, the sector has witnessed a st