PMCF Advises Metal Center, Inc. in Its Sale to Westlake Corporation
PMCF Advises Metal Center, Inc. in Its Sale to Westlake Corporation
PMCF Investment Banking (“PMCF”) is pleased to announce that it served as the exclusive investment banker to Metal Center, Inc. (“Metal Center” or the “Company”) in its sale to Westlake Corporation (“Westlake”) (NYSE: WLK). Metal Center will become part of Westlake’s Housing and Infrastructure Products segment, joining Westlake Royal Roofing.
Founded in 2016 by Herman Johnson and headquartered in Albuquerque, New Mexico, Metal Center manufactures and distributes metal roofing and siding products to contractors, homeowners, and wholesale customers across the Southwest. The Company operates manufacturing facilities in Albuquerque, New Mexico; Wichita Falls, Texas; and Hutchins, Texas, in the Dallas metropolitan area. Its in-house production of custom panels and trim, together with its design support and delivery capabilities, enables Metal Center to serve customers with tailored solutions and responsive turnaround times.
Westlake is a global manufacturer of housing and infrastructure products, performance materials, and essential materials. Its Westlake Royal Building Products business offers a broad portfolio of roofing and other exterior building products. The acquisition brings Metal Center’s custom metal roofing and siding manufacturing capabilities and established Southwest footprint to Westlake’s roofing platform.
PMCF served as Metal Center’s exclusive financial advisor and managed the transaction process. Herman Johnson, owner of Metal Center, said, “I built Metal Center around a simple idea that we could deliver the right product, made to the customer’s specifications, when the job needs it. I am proud of the team and the business we have built across New Mexico and Texas. Jayson, Corey and the PMCF Construction & Building Products team guided us through an important decision with care, patience, sound judgment and a clear understanding of what mattered most to our family. They managed the process thoughtfully and professionally, and we are grateful for their guidance as we begin Metal Center’s next chapter.”
“It has been a privilege to work with Herman and Austin as they navigated this important next chapter for the business,” said Jayson Gitt, Director at PMCF. “They built a differentiated business grounded in manufacturing expertise, strong customer relationships, and the effective use of data and technology to serve customers across the Southwest. We are excited about the partnership with Westlake and the opportunity to build on that strong foundation, creating new opportunities for employees, customers, and the business as a whole.”
ABOUT PMCF
PMCF is a client-centric middle market investment bank providing merger and acquisition advisory services to private, public, and private equity-owned companies worldwide. We combine our expansive industry and transactional expertise with highly engaged senior-level bankers to create tailored solutions for all our clients. PMCF helps clients meet their sale, acquisition, financing, and strategic growth objectives through a broad range of services, including sale advisory, acquisition advisory, capital raising, transaction planning, and strategic advisory. We have dedicated professionals focused on key industry verticals including business services, construction & building products, consumer, food, and beverage, healthcare & medical technology, industrial manufacturing, industrial services & distribution, plastics & packaging, private equity & financial sponsor coverage, software & technology, and transportation & logistics industries.
