C.H.I. is a leading manufacturer of residential, commercial, and rolling steel garage doors. The Company’s primary customers are professional garage door installers and distributors.
Long Point Capital invested in C.H.I. through a leveraged recapitalization structure, where the owners of the Company monetized the majority of the illiquid value contained in the business, while continuing to retain a significant ownership interest in the Company and maintaining operational control along with the existing management team.
C.H.I. successfully continued their growth plan through the expansion of their customer base. The company was sold to a private equity group.