OmniMax International (“OmniMax”, or the “Company”) has acquired Verde Industries, Inc. (“Verde”).  Verde is a leading manufacturer of high-quality roof flashing and plastic weather-blocking products, headquartered in Phoenix, Arizona.  Verde will operate as a subsidiary of OmniMax and be integrated into its Consumer segment in a complimentary manner to OmniMax’s residential building and roof drainage products. The combined companies will greatly benefit customers of both firms, providing a more extensive product portfolio, enhanced service across broader geographies and increased investments throughout the new manufacturing footprint.

John C. Wayne, CEO of OmniMax: “We are delighted to add Verde to the OmniMax portfolio of brands and see it as an exceptional complement to Berger and Flamco. We believe Verde is the perfect platform for OmniMax to grow its residential roofing accessories business in the Southwestern and Western U.S. This acquisition will allow us to deepen our relationships with key customers, by providing greater geographic reach and product depth. We are excited to welcome the Verde employees into OmniMax, and we look forward to working with them to further augment the company’s strong 30-year foundation that has grown under the leadership of George Goettl.”

George Goettl, President of Verde: “We are excited to join the OmniMax family and to continue to grow the great business we have built.  With the support of the ownership group at SVPGlobal, this combination will bring the resources, capital, and scale that will allow us to further strengthen our customer service, broaden our spectrum of products, grow our geographic footprint, invest in our manufacturing capabilities, and provide opportunities for our employees to advance and flourish. I would like to thank our loyal customers that believe in and trust Verde Industries and thank the many employees that helped grow our company over the years.  I am looking forward to joining the OmniMax team and working with them to continue to build Verde for generations to come.”

Financial terms of the transaction were not disclosed.

About OmniMax International
OmniMax is a leading national manufacturer of residential building products and a top supplier of products for outdoor living, recreational vehicle, and other building end markets with 2020 sales of approximately $700 million. As the leader in the residential roof drainage market, OmniMax has extensive scale, top brands such as Amerimax, Berger, Flamco and longstanding relationships with the nation’s largest home center retailers and building product distributors. The Company’s high-growth outdoor living business is a manufacturer of outdoor shade and exterior structures through brands such as Equinox, Alumawood, and Knotwood. OmniMax’s commercial segment supplies made-to-order metal roofing, wall panels, and architectural products for large, custom jobs under the Fabral and CopperCraft brands. The Company is also a leading supplier to the recreational vehicle industry, which is benefiting from strong outdoor recreation and living trends. OmniMax International is owned by funds managed by SVPGlobal, a global investment firm with more than $18 billion in assets under management, established by Victor Khosla in 2001.  Learn more at www.omnimax.com and www.svpglobal.com.

About Verde

Verde Industries, Inc. (“Verde”) is a leading manufacturer of high-quality residential building products, providing a full line of metal flashings, plastic weather-blocking products, and other accessories and components for residential roofing.  With a manufacturing location in Phoenix, AZ, Verde services a national customer base with a strong geographic presence in the West and Southwest.

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ATLANTA, GA, February 15, 2021 – OmniMax International, LLC (“OmniMax” or “the Company”) announced today that John C. Wayne has been named Chief Executive Officer. Mr. Wayne succeeds Richard C. Brown, who announced last October that he would transition from the company as his successor was named.

Mr. Wayne is an experienced senior leader in the building products industry, having spent more than 30 years with Armstrong World Industries and Ply Gem Industries, where his most recent role was as Executive Vice President and Chief Operating Officer. Earlier in his career at Armstrong World Industries, he held progressively responsible positions including as Vice President of Sales for the North American flooring business. His industry expertise and relationships closely align with our company’s long-term strategy to develop and provide innovative, industry leading building products and solutions that meet our customers’ evolving needs.

Matthew Espe, Chairman, OmniMax Board of Directors, said, “John is the right person to lead OmniMax into the future, given his deep building products industry expertise and his track record of delivering growth and profitability in highly competitive markets. He has strong relationships with key customers and has successfully delivered industry-leading results by driving aggressive organic growth, customer-focused innovation, and strategic acquisitions. I believe that John is very well-positioned to accelerate OmniMax’s transformation and growth, and I look forward to working closely with him and the entire leadership team to ensure OmniMax’s future success. Finally, I want to thank Rick Brown for his leadership of the company over the last six years, and through the transition period since our acquisition of OmniMax last October. We wish him well in his future endeavors.”

“I am honored to be named the next CEO of OmniMax International,” said Mr. Wayne. “This is an exciting time for the company, and I look forward to working with the entire OmniMax team and our valued customers to build upon the strong foundation already in place.”

About OmniMax International
OmniMax is the leading national manufacturer of residential building products and a top supplier of products for outdoor living, recreational vehicle, and other building end markets with 2020 sales of approximately $700 million. As America’s market leader in the residential roof drainage market, OmniMax has unrivaled scale, top brands such as Amerimax and Berger, and longstanding relationships with the nation’s largest home center retailers and building product distributors. The Company’s high-growth outdoor living business is a manufacturer of outdoor shade and exterior structures through brands such as Equinox, Alumawood, and Knotwood. OmniMax’s commercial segment supplies made-to-order metal roofing, wall panels, and architectural products for large, custom jobs under the Fabral and CopperCraft brands. The Company is also a leading supplier to the recreational vehicle industry, which is benefiting from strong outdoor recreation and living trends. Learn more at www.omnimax.com.

About SVPGlobal
SVPGlobal is a global investment firm with approximately $10 billion in assets under management. The firm, established by Victor Khosla in 2001, has 121 employees, including 49 investment professionals, across its main offices in Greenwich (CT), London and Tokyo. Learn more at www.svpglobal.com.

Contact
Jay Lee, VP Marketing & Engineering
OmniMax International, LLC
jlee@omnimax.com
864-386-2652

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OmniMax International (“OmniMax”, or the “Company”) has acquired Florida Metal Products, Inc. (“Flamco”). Flamco is a leading manufacturer of residential roofing products throughout the Southeast and Southwest markets. It will operate as a subsidiary of OmniMax and be integrated into its Residential segment in a complimentary manner to OmniMax’s residential building and roof drainage products, including its Berger brand. The combined companies will greatly benefit customers of both firms, providing a broader product portfolio, enhanced service across broader geographies and increased investments across the new manufacturing footprint.

Rick Brown, CEO OmniMax: “We are excited to add Flamco to the OmniMax portfolio of businesses, which aligns perfectly with OmniMax’s strategic vision to be a leading building products manufacturer and specifically supports our growth in the residential roofing sector. Flamco will further bolster OmniMax’s reach in the residential repair and remodel market through both the roofing distribution channel as well as the home center/hardware channel. Their geographic footprint in the Southeast and Southwest centered around its plants in Jacksonville, FL and Waco, TX reinforces OmniMax’s reach in those regions and compliments its strong Berger brand of products. We are excited to welcome the Flamco employees into OmniMax and look forward to working with them to further enhance the company’s strong 100-year foundation that has grown under the leadership of the Jones family.”

Lee Jones, President of Flamco: “We are excited to join the OmniMax family and continue to grow the great business we have built. Our employees see this as the perfect opportunity to join the industry-leading brands and serve our customers in even more creative and valued ways. We are confident that with the support of the ownership group at SVPGlobal, we will be able to invest in our manufacturing facilities to bolster our service to customers, provide a broader spectrum of products and continue to grow our footprint in the Southeast and Southwest, as well as our emerging presence in the Midwest region. I look forward to joining the OmniMax team and working with them to continue to build the Flamco brand for generations to come.”

Financial terms of the transaction were not disclosed. The deal closed on February 2, 2021.

About OmniMax International
OmniMax is the leading national manufacturer of residential building products and a top supplier of products for outdoor living, recreational vehicle, and other building end markets with 2020 sales of approximately $700 million. As America’s market leader in the residential roof drainage market, OmniMax has unrivaled scale, top brands such as Amerimax and Berger, and longstanding relationships with the nation’s largest home center retailers and building product distributors. The Company’s high-growth outdoor living business is a manufacturer of outdoor shade and exterior structures through brands such as Equinox, Alumawood, and Knotwood. OmniMax’s commercial segment supplies made-to-order metal roofing, wall panels, and architectural products for large, custom jobs under the Fabral and CopperCraft brands. The Company is also a leading supplier to the recreational vehicle industry, which is benefiting from strong outdoor recreation and living trends. OmniMax International is owned by funds managed by Strategic Value Partners, LLC and its affiliates (SVPGlobal), a global investment firm with more than $10 billion in assets under management, established by Victor Khosla in 2001. Learn more at www.omnimax.com and www.svpglobal.com.

About Flamco
Florida Metal Products (Flamco) is a leading manufacturer and distributor of quality residential building products, providing a full line of accessories and components for residential roofing and siding. With manufacturing locations in Jacksonville, FL, Waco, TX and Chicago, IL, Flamco services a national customer base with the strong geographic presence in the Southeast and Southwest, as well as an emerging focus in the Midwest. Learn more at www.flamco.com.

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NORCROSS, Ga. and GREENWICH, Conn., Aug. 18, 2020 /PRNewswire/ — OmniMax International (“OmniMax”, or the “Company”) and Strategic Value Partners, LLC and its affiliates (“SVPGlobal”), a global investment firm with approximately $8 billion of assets under management, today jointly announced that they have entered into a definitive agreement under which SVPGlobal will acquire OmniMax.

OmniMax is the leading national manufacturer of residential roof drainage systems and a top supplier of products for outdoor living, recreational vehicle, and other building end markets. Upon completion of the transaction, OmniMax will be a portfolio company of SVPGlobal and be led by Richard Brown as President and Chief Executive Officer. OmniMax will continue to provide customers with the same high-quality products while investing in innovative solutions that meet customers' evolving needs.

“Over the last five years, OmniMax has undergone a significant transformation on our journey towards long-term profitability and sustainable growth,” said Mr. Brown. “Following a thorough review of strategic alternatives, SVPGlobal is the right partner to help enhance our competitive position, as we provide our customers with industry leading building products. SVPGlobal’ support will allow us to further invest in expanding our markets and developing our product portfolio, while we continue to provide our customers the best-in-class products and service for which we are known.”

Mr. Brown continued, “As we move forward, we have a solid foundation and talented team that will continue to work closely with our customers and vendors to support our mutual success. At the same time, we continue to take the necessary precautions to ensure the continuity of our operations while prioritizing the health and safety of our employees. I would like to thank all of our employees for their unwavering dedication and look forward to partnering with SVPGlobal to recapitalize OmniMax and position our company for accelerated growth.”

Victor Khosla, SVPGlobal’ founder and Chief Investment Officer, said, “OmniMax has a unique competitive position as the #1 U.S. producer of drainage systems that protect and enhance residential buildings, a growing market which is benefiting from increased consumer focus on the home. Under SVPGlobal’ sponsorship, and benefiting from a greatly deleveraged and simplified capital structure, OmniMax is positioned to take its business to the next level.”

Founded in 1996, OmniMax is a leading national manufacturer of products that safeguard the home and promote outdoor living and recreation. As America’ market leader in the residential roof drainage market, OmniMax has unrivaled scale, top brands such as Amerimax and Berger, and longstanding, marquee customer relationships with the nation’ largest home center retailers and building product distributors. The Company’ high-growth outdoor living business is a manufacturer of outdoor shade and exterior structures through brands such as Equinox, Alumawood, and Knotwood. OmniMax’ commercial segment supplies made-to-order metal roofing, wall panels, and architectural products for large, custom jobs under the Fabral and CopperCraft brands. The Company is also a leading supplier to the recreational vehicle industry, which is benefiting from strong outdoor recreation and living trends.

Financial terms of the transaction, which is expected to close in October, were not disclosed.

About OmniMax International
OmniMax, headquartered in Atlanta, Georgia, is a leading manufacturer of aluminum, steel, vinyl and copper building products for use primarily in the residential and commercial markets. The company sells through various channels and targets the residential repair and remodel and commercial construction markets primarily throughout North America. OmniMax was formed in 1996 and has 26 manufacturing facilities across U.S., Canada and UK. Learn more at www.omnimax.com.

About SVPGlobal
SVPGlobal is a global investment firm with approximately $8 billion in assets under management. The firm, established by Victor Khosla in 2001, has 119 employees, including 46 investment professionals, across its main offices in Greenwich (CT), London and Tokyo. Learn more at www.svpglobal.com.

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