Posts tagged: Altamount Capital Management
For some reason we were unsucessful yesterday in getting an accurate headcount for the story on the acquisition of Cascade Windows.
Cascade, based in the Valley, is a fairly large area manufacturer. Its vinyl windows are sold across the western United States (with plants in Salt Lake, Portland and Spokane).
We asked the CEO, Randy Emerson, for the Spokane headcount. He said he wasn't able to add anything beyond the press release.
The 2012 Journal of Business Book of Lists said Cascade had a headcount of 162. That sounds pretty accurate.
A previous SR story said total company headcount was around 400; that number may not be accurate anymore.
Here's the top part of today's story:
A San Francisco investment group has acquired Spokane Valley-based Cascade Windows, one of Spokane’s best-known manufacturing companies.
Altamont Capital Partners, a private equity firm with $500 million invested in several private firms across the country, did not disclose the purchase terms.
A press statement said the deal included restructuring of debt and equity among Cascade Windows investors.
The statement added the deal is meant to help Cascade pursue growth opportunities.
Cascade is one of the largest producers of vinyl windows and patio doors in the Western states. It also has production plants in Salt Lake City and Tualatin, Ore.
In 2011 the company employed about 400 workers.
It was founded in 1989 in Liberty Lake.
“We’re excited to partner with Altamont, (whose) operational focus and expertise in building middle-market companies will be invaluable to us as we look to grow the company,” said Cascade CEO Randy Emerson in the press release. Altamont Capital Partners closed its initial round of investment in early 2011.