Phoenix-based Western Window Systems announced it has received an investment from PWP Growth Equity, a private equity fund affiliated with Perella Weinberg Partners. PWP Growth Equity is partnering with Western Window’s CEO Scott Gates and his current management team for the transaction. Jason Funk and Scott Leach, previously executives at the company, will be retiring from Western Window.
“PWP Growth Equity brings significant value to Western Window Systems, including their impressive track record of success with businesses in the building products and services sectors,” says Gates. “We look forward to partnering with the PWP Growth Equity team as we continue to pursue aggressive growth opportunities and further serve our customers.”
As part of the investment, PWP Growth Equity co-heads David Ferguson and Chip Baird, as well as managing director John McKee, will join Western Window’s board of directors.
“Western Window Systems has a strong and differentiated competitive position and a high-caliber leadership team,” says Ferguson. “We are thrilled to support Scott and the rest of the team in the realization of their strategic goals during this exciting phase of growth.”