Ply Gem Holdings IPO Info

Company Name: Ply Gem Holdings
Stock Symbol: PGEM
Exchange: NYSE
Status: Priced
IPO Date: 5/23/2013
IPO Price: 21.00 (-14.14%)

Underwriters

J.P. Morgan, Credit Suisse and Goldman Sachs

Amount of Offering: N/A
Number of Shares Offered: 15.789 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A

Company Description

Ply Gem is a leading manufacturer of exterior building products in North America, operating in two reportable segments: (i) Siding, Fencing and Stone and (ii) Windows and Doors, which comprised approximately 59% and 41% of sales, respectively, for the fiscal year ended December 31, 2012 and approximately 54% and 46% of sales, respectively, for the three months ended March 30, 2013.

Financial Data

For the year ended December 31, 2012, the company had net sales of $1,121.3 million, adjusted EBITDA of $127.3 million and a net loss of $39.1 million. For the three months ended March 30, 2013, the company had net sales of $257.1 million, adjusted EBITDA of $12.1 million and a net loss of $28.1 million.

News Headlines

• Ply Gem (PGEM) IPO Opens Higher
• Ply Gem Holdings (PGEM) Files $300M IPO