Envision acquires Fairway Architectural Railing Solutions
Envision Building Products announced that it has acquired Fairway Architectural Railing Solutions.
Based in Mount Joy, Pa., Fairway produces railing solutions including vinyl, steel, and cellular PVC products.
“We believe this is the right partnership to meet the evolving needs of our customers while furthering our ability to create best-in-class outdoor products and achieve our vision in becoming the undisputed market share leader of non-wood railing in the U.S. market,” said Greg Burkholder, CEO Fairway Architectural Railing Solutions. “We are excited by Fairway’s opportunities under Envision’s ownership, and we look forward to this dynamic new chapter and the exponential new growth opportunities it brings.”
Fairway’s existing management team will remain in place and its current product offering will continue to be offered under the Fairway brand, with Fairway also having the ability to provide its customers access to Envision composite decking.
Envision will likewise be able to offer its customers access to the suite of Fairway railing products.
“This acquisition expands Envision’s footprint in the outdoor living category and will not only increase market reach but will also provide operational efficiencies,” said Shara Gamble, vice president of Envision sales and marketing. “The individual strengths of each company are complementary and will have a positive impact on our combined service and product offerings.”
The expanded product offerings provided through the acquisition include comprehensive railing solutions in vinyl, aluminum, steel, composite, and cellular PVC along with unique composite decking products from Envision’s budget-friendly Ridge Premium to its luxurious Distinction line of decking.
Envision said that the addition of Fairway railing solutions is another step forward in the outdoor living category.
“We welcome and look forward to working with Fairway’s employees and customers,” said David Humphreys, chairman and CEO, Envision Building Products LLC. “Our acquisition of Fairway will build existing relationships while affording customers the benefits of an expanded product portfolio and capabilities.”
Envision was advised by William Shutzer and Mayer Bick of SB Advisors; Skadden Arps Slate Meagher & Flom; and EY. Stifel served as exclusive financial advisor to Fairway, and Stevens & Lee served as Fairway’s legal counsel.
Financial terms of the acquisition were not disclosed.
Based in Lamar, Mo., Envision’s products include the Distinction, Inspiration, Expression, Ridge Premium, and EverGrain lines of composite decking, along with TAM-RAIL railing.