Oldcastle BuildingEnvelope® (OBE) has acquired Syracuse Glass Company (SGC), an independent fabricator and distributor of architectural glass and aluminum products. OBE officials say the move will expand the company’s presence in the Northeast.
SGC provides custom-fabricated products, including tempered, laminated and insulating glass, shower enclosures, glass entrances and storefronts and custom aluminum entrances and storefronts.
“We are excited about leveraging our collective cultures and capabilities to build on SGC’s great reputation,” says OBE CEO Bruno Biasiotta. “This acquisition will allow our teams to provide industry-leading glazing solutions to serve our customers and partners better and help them succeed. Our enhanced presence in the Northeast region of the U.S. will enable OBE and SGC to capitalize on the market opportunity and grow our industry-leading market position.”
According to SGC CEO John Dwyer, the acquisition provides SGC with more support, expertise and product options.
As such, Dwyer says that SGC’s customers can “continue to rely on the leading service levels and product quality they have come to expect from SGC. Partnering with OBE, we will remain our customers’ supplier of choice well into the future.”
The news of the acquisition comes months following the death of SGC president Joe Gudenburr, who passed away on April 2, 2023, after a battle with cancer. He was 53 years old. Gudenburr was named Syracuse’s CEO in 2021.
In 2020, SGC formed a partnership with Lineage Capital that ensured the Dwyer family retained a significant ownership stake in SGC. Lineage is a Boston-based private equity firm that invests exclusively in owner-managed and family-controlled businesses in the middle market.