WAYNE, PA — Saothair Capital Partners, LLC has announced its acquisition of a majority equity stake in Pioneer Window Holdings, Inc., a leading manufacturer and installer of custom aluminum and glass façade systems in the New York City metropolitan area. The investment, made through a newly-formed affiliate, marks a significant step in Pioneer’s growth trajectory while strengthening Saothair’s portfolio in the building materials industry.
Founded in 1985 by Vince Amato, Jr., Pioneer has become a top supplier for the NYC School Construction Authority and serves a range of private sector clients across residential, office, and hospitality markets. The company operates from a 260,000-square-foot manufacturing facility in Johnstown, NY, with corporate offices in Garden City, NY. Amato will continue to lead the company as CEO.
“What Vince and his team have built over the past four decades is nothing short of extraordinary, and Saothair is very excited to partner with the senior management team as they embark on the next stage of growth for the company,” said Kevin Madden, Co-founder and Managing Partner of Saothair.
Richard Lozyniak, Co-founder and Operating Partner of Saothair, emphasized the company’s market leadership and commitment to excellence. “Pioneer has established itself as a leader in the New York City market, and it is a testament to their product quality and innovation, and their reliability to meet the challenging timelines on large-scale construction projects. Saothair will support Vince and his team in ensuring the company is well positioned to grow both in New York City and beyond.”
Amato expressed enthusiasm about the partnership. “We are tremendously grateful to our customers, suppliers and other key stakeholders who have supported our growth over the decades. Partnering with Saothair will give us significant additional resources to further invest in our people, processes, and capabilities and deliver even greater value to our customers.”
The acquisition is expected to bolster both companies’ capabilities, with Saothair providing resources to strengthen Pioneer’s position in its core market while enabling expansion into new areas.
Legal and financing support for the transaction involved Jenner & Block LLP representing Saothair and KeyBank N.A. providing financing. Pioneer was represented by Moses & Singer LLP for legal counsel and TM Capital as financial advisor.
This strategic partnership sets the stage for continued innovation and growth as Pioneer builds on its legacy of high-quality products and reliable service.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.