Six months later: The drama behind the $3.1B PGT Innovations sale

The blockbuster acquisition for window and door maker PGT Innovations took years to come together. It also took hundreds of phone calls, dozens of meetings and determined and competitive executives.

By Mark Gordon
| 5:00 a.m. September 27, 2024
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Manatee-Sarasota

Jeff Jackson was curious — and maybe a little concerned.

It was fall 2022. The Venice publicly traded window and door manufacturer he was CEO of, PGT Innovations, in his words, was killing it. Revenue was nearing $1.5 billion for the year, up 29.3% from $1.16 billion in 2021. Net income was up 269% from 2021, to $98.9 million. And the firm’s profit margin was 6.6%, up from 2.3% in 2021.