The American Group of Companies has undergone an employee ownership acquisition via an ESOP Trust, enhancing workforce engagement while positioning the company for future growth in Central Florida's thriving homebuilding industry.
Information on the Target
The American Group of Companies, comprising American Door & Millwork, American Window, and American Installation, has recently gained employee ownership through an ESOP (Employee Stock Ownership Plan) Trust. Located in Central Florida, this enterprise employs over 250 individuals across its operational bases in Orlando, Tampa, and Jacksonville, providing essential services to the residential homebuilding sector, including the supply and installation of doors, windows, and millwork.
Founded in 1995 by Chad Barton and Bob Dello Russo to meet the demand for a reliable door supplier, the American Group has expanded its offerings over the years. The company operates out of a substantial 95,000 square-foot office and manufacturing complex in Sanford, along with additional facilities in Tampa and Jacksonville.
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Industry Overview in Central Florida
The homebuilding industry in Central Florida has experienced substantial growth over recent years, fueled by population influx and rising demand for residential construction. With an emphasis on quality materials and skilled c
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The American Companies ESOP Trust
invested in
The American Group of Companies
in 2006
in a Management Buyout / Buy-In (MBO) deal