CONSOLIDATED GLASS HOLDINGS ACQUIRED BY NEW OWNERSHIP
PEDRICKTOWN, NJ, June 3, 2020 – Consolidated Glass Holdings, Inc. (CGH) took an important step forward last week to ensure its long-term growth and success as an enterprise. CGH and its affiliates announced they have been acquired by new owners, including the CGH Senior Management Team, and a minority investment made by Czech Asset Management, L.P. and its affiliates (“Czech Asset Management, L.P.”).
According to Robert T. Cummings, President and CEO of CGH, “This new partnership will allow all CGH facilities to continue to operate within the normal course of business. We look forward to expanding our company with great people while focusing on innovation, profitable growth, as well as enhancing our long-standing relationships with both our vendors and customers.”
About Consolidated Glass Holdings, Inc.
Consolidated Glass Holdings, Inc. (CGH) provides high-quality fabricated architectural glass, security glazing, and specialty glass products. Columbia Building Products, Dlubak Specialty Glass, Global Security Glazing, J.E. Berkowitz, and Solar Seal make up the family of CGH companies. For more information, visit www.cghinc.com.
About Czech Asset Management, L.P.
Czech Asset Management, L.P. with over $4.7 billion of committed capital since its founding and significant co-investment capacity, is an Old Greenwich, Connecticut-based direct lending firm engaged in providing privately negotiated, asset-based and cash-flow, first and second lien floating-rate senior secured loans primarily to U.S. middle market companies that generate annual revenue of $75.0 million to $500.0 million + and annual EBITDA of $7.5 million to $50.0 million +. For more information, visit www.czechamlp.com.