Sierra Pacific Industries has acquired private equity-backed Hurd Windows and Doors.
Hurd, headquartered in Medford, Wisconsin, makes custom wood windows and doors that are marketed under the Hurd and Superseal brands. The company sells products through more than 400 distributors in the U.S. and Canada. Terms were not disclosed.
The company was backed by Stamford, Connecticut-based 1private equity firm Longroad Asset Management. The firm has about $500 million in committed capital and generally invests in companies with between $30 million and $300 million in annual revenue.
Sierra Pacific, headquartered in Anderson, California, manages about 1.9 million acres of timberland in California and Washington. The company is the second largest lumber producer in the U.S. The company operates the lumber business, as well as a mill business, window business and wood-waste energy business.
BB&T Capital Markets advised Hurd on the deal. The news came around the same time as the acquisition of another window maker, Custom Window Systems Inc., by Nautic Partners LLC.