April 4, 2022
HOUSTON, TX (April 04, 2022) – Gilbert & Pardue, LLC (“GaP”) acted as exclusive advisor to Metropolitan Glass, Inc. (“MGI”) of Denver, CO in its sale to Performance Contracting Inc. (“PCI”) of Lenexa, KS. The transaction closed on March 31, 2022, in Denver.
Colorado glass contractor Metropolitan Glass offers best-in-class commercial glazing, specializing in installations for Educational Institutions, Healthcare Facilities, Office Complexes, Airports, Hospitality Centers, and more.
MGI’s employees, who are committed to the honest values on which Metropolitan Glass was founded, have been a major factor in its success and are a key reason MGI was a great fit for PCI. Owners Sean Moore, Curtis Thomas, Amanda Churchill, and Toby West have built a regionally-recognized glazing business, working on marquee projects “from conceptual estimating through completion.” The MGI team draws on a deep history of knowledge and experience in both the field and office to find creative solutions to every project challenge. Partnering closely with building owners, architects, and general contractors – many of whom already have a strong relationship with PCI – will allow the MGI/PCI story to continue, adding to the Denver skyline for many years to come.
When asked about the deal, Matt Gilbert commented, “It was a natural fit to unite these two powerhouses. Commitment to their workforces, to their customers, and to delivering only excellence in each of their projects made it very easy to see how this sale will continue to serve both companies well.”
ABOUT THE COMPANIES
Metropolitan Glass, Inc.
From its beginning in 1964, Metropolitan Glass has built its business on honesty and a job well done. In the last 57 years, they’ve grown expertise to become solutions specialists on complex projects involving high engineering standards, demanding specifications, and innovative products. Serving Denver and major neighboring cities throughout Colorado, Metropolitan Glass has received the AGC Ace Award and the coveted Jack Mincher’s People’s Choice Award for many of their projects.
The Company’s impeccable workmanship can be appreciated in projects that include the Swedish Medical Center in Englewood, CO, the Mile High United Way building in Metro Denver, and the 88 Steele Apartment and Condo building in Denver.
Performance Contracting, Inc.
Performance Contracting, Inc. has been providing world-class construction services for close to 70 years. An employee-owned company with over 8,300 employees and 40+ offices nationwide, PCI is known for its innovative and varied commercial, industrial, and non-residential services throughout the country. Consistently ranked among the Top 10 Specialty Contractors in the U.S., PCI is recognized as a true “single-source” contractor. The Company considers the cornerstones of their success to be the employees and their high-achieving performance. PCI not only prides itself on award-winning project execution but on the dedication of their employees to excellence. Led by some of the most experienced and innovative construction executives in the business, PCI continues to expand its position as an industry leader.
Some of their projects include Resorts World Las Vegas in Las Vegas, NV, Caltech Chen Neuroscience Research building in Pasadena, CA, Purdue Memorial Union ground floor for Purdue University in Lafayette, IN, and Allegiant Stadium in Las Vegas, NV.
GaP Transaction Advisors
Gilbert & Pardue Business Advisors (GaP) is a Houston-based business advisory firm serving lower middle market business owners from coast to coast through sell-side representation for Mergers & Acquisitions (M&A).
Matt Gilbert and Bret Pardue established GaP to provide owners of businesses generally enjoying annual revenue of $10-$80 million with the quality of M&A representation and value-enhancement services previously only available to upper middle and large businesses. GaP brings highly-experienced executives, sophisticated financial and marketing products, proven-effective processes, and fully-integrated expertise to every engagement.
For more information, contact:
GaP Business Advisors
Matt Gilbert, Founding Partner
Bret Pardue, Founding Partner