Forte Opening Solutions
IOP Fund IV
| Acquisition Date: | May 2024 |
| Status: | Current |
| Headquarters: | Tampa, FL |
| Add-on Acquisitions: | Seeking acquisitions |
Description
Forte Opening Solutions (formerly known as Masonite Architectural) is a designer and manufacturer of built-to-order wood doors for a broad range of customers in commercial and institutional settings, including hospitality, healthcare, education and office environments. The company operates 13 facilities in eight states and Canada.
Operating Thesis
Execute carve-out from Masonite International Corporation and provide support to existing management team.
Create fundamental improvement in operating performance:
- Develop stand-alone operational and administrative functionality
- Execute on growth opportunities in existing and new markets
- Implement operations/cost structure improvements
