PGT Innovations
PGT Innovations has become a recognized market leader for high performance windows and doors.
- Electronics
- Real Estate
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 2.0x EV/Revenue 12.1x EV/EBITDA | round | |
* | N/A Valuation: $3.1b 1.9x EV/Revenue 10.4x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 7 % | 18 % | 32 % | 28 % | 1 % | 5 % | 7 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 11 % | 11 % | 9 % | 15 % | 17 % | 19 % | 20 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 6 % | 5 % | 3 % | 6 % | 7 % | 9 % | 10 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
In 1980, the seeds of PGT Innovations were sown when founders Paul Hostetler and Rod Hershberger sketched a vinyl porch enclosure product on a napkin. This simple idea soon evolved into a business, leading to the creation of Vinyl Tech. The company quickly gained traction, focusing on manufacturing impact-resistant windows and doors, a niche that would define its future.
Over the years, PGT Innovations expanded its product line and market reach, becoming a leader in the impact-resistant window and door industry. The company's commitment to innovation and quality helped it maintain a strong position in the market, catering to both residential and commercial sectors.
A significant milestone in PGT Innovations' journey came in 2024 when it was acquired by Miter Brands for $3.1 billion. This acquisition marked a new chapter for the company, promising to accelerate its growth trajectory and enhance its product offerings. The deal underscored PGT Innovations' value and its potential for future expansion.
Today, PGT Innovations stands as a testament to the power of innovation and strategic growth. From its humble beginnings to becoming a major player in the building products industry, the company continues to thrive, driven by its founders' original vision and a relentless pursuit of excellence.
Tech stack
Investments by PGT Innovations
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