Greenwich-based private investment firm Littlejohn & Co. has made a structured capital, minority investment into Great Day Improvements, a direct-to-consumer residential remodeling company.
Great Day Improvements will use this new capital to accelerate growth and support the company’s recent acquisitions of Universal Windows Direct and Champion Windows & Home Exteriors. Great Day Improvements provides patio enclosures and replacement windows.
Executive chairman Ed Weinfurtner of Great Day said, “Littlejohn’s ability to move quickly as well as their deep sector experience, creative investment structuring, M&A and financing capabilities enabled Great Day to execute our plan to expand and transform the business. Great Day was built by entrepreneurs, and we will continue to operate with an entrepreneurial mindset while leveraging Littlejohn’s considerable financial and operational resources. Partnering with Littlejohn allowed us to significantly accelerate our strategic vision. They are exactly the type of investment partners we were looking for.”
Steven Raich, a managing director at Littlejohn added, “We are excited to support Great Day as it executes on its growth strategy. This investment exemplifies Littlejohn’s approach of partnering with great companies and management teams to deliver flexible capital solutions, deep industry expertise, and fast deal execution.”
KeyBanc Capital Markets advised Universal Windows Direct and Moelis advised Champion Windows in the transaction.