PrimeSource Brands Acquires Keylink

Enhances PrimeSource Brands’ capabilities in the outdoor living segment

PrimeSource Brands, a North American provider of specialty branded building products backed by Clearlake Capital Group, L.P. (“Clearlake”), announced that it has acquired Keylink, a leading provider of aluminum railing systems. The transaction represents PrimeSource Brands’ eighth acquisition since partnering with Clearlake in December 2020. Financial terms were not disclosed.

Based in New Holland, PA, Keylink provides aluminum railing and other outdoor aluminum products for residential and commercial installations. The addition of Keylink further bolsters PrimeSource Brands’ existing outdoor living product portfolio by adding over 3,000 SKUs.

“We have known and worked with the Keylink team for years, and we look forward to building on our existing relationship,” said Tom Koos, CEO of PrimeSource Brands. “This strategic acquisition is expected to further enhance PrimeSource Brands’ outdoor living product portfolio, which is an attractive and growing segment of our business.”

“Keylink is another exciting opportunity as Clearlake, working alongside the PrimeSource Brands team, continues to identify different avenues of growth,” said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, of Clearlake. “As with PrimeSource Brands’ other recent acquisitions, we will utilize our O.P.S.® playbook to optimize the addition of Keylink as we continue to scale our specialized branded building products platform.”

About PrimeSource Brands

PrimeSource Brands, is a leading national provider of specialty branded residential building products. The Company’s product offering spans more than 85,000 SKUs, including construction fasteners, cabinet knobs & pulls, and functional hardware, among others. PrimeSource Brands operates an expansive footprint, serving over 45,000 customer locations through 56 strategically located distribution centers in 26 states.  PrimeSource Brands plays a crucial role for customers who rely on its brand value, breadth of offering and logistics capabilities.

For more information, please visit www.psbrands.com

About Keylink

Keylink is a leading American provider of aluminum railing systems for residential and commercial installations. Keylink’s focus on quality and ease of installation makes it an appealing option for contractors and deck builders across North America. By partnering with its distributors, Keylink provides dealers and contractor customers with a complete customer service experience. Keylink designs and crafts railing and accessories that are code compliant from the first day in market.

For more information, please visit https://keylinkonline.com/.

About Clearlake

Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are industrials, technology, and consumer. Clearlake currently has over $80 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland and Singapore.

More information is available at www.clearlake.com.

Contact:

Jennifer Hurson – Lambert & Co. – jhurson@lambert.com – (845) 507-0571

Source: PrimeSource Building Products, Inc.