NGS has announced that it has acquired CHB Industries (CHB), further expanding its sales and operations teams into the New York and Chicago markets. The acquisition is the first for NGS, but the company has more planned for 2022.
“This acquisition is unparalleled in the history of the window film industry,” states James Beale, managing partner and co-founder of NGS. “It combines the fastest growing and largest window film company – NGS – with the most storied and reputable company in the Northeast and Midwest – CHB. We are excited to add CHB’s team, resources, and 30 years of industry expertise to NGS.”
Founded in 2009 by Beale and Patrick Coyle, NGS has grown to become a dealer-installer of 3M™ Window Film, Riot Glass™, printed graphics, and signage. Offering security, energy, and branding retrofits for buildings, the company’s mission is to protect people and property, preserve the planet, and create beauty by making buildings better.
“NGS’ culture of professionalism, reliability, and responsiveness, combined with their mission to make buildings better fits perfectly with what we’ve spent years creating at CHB,” says Carol Borow, owner and president, CHB.
“We are thrilled to join forces with NGS and create something unprecedented in the industry,” added Dan Venet, CHB executive vice president.
CHB was founded more than 30 years ago by Borow and Venet, with the vision that building owners, property managers, office tenants, and homeowners needed services that would make their properties safer, more energy-efficient and attractive, and less expensive to manage. The company grew to become a trusted and reputable window film company in New York and Chicago markets.
Beale and Coyle have assumed leadership responsibilities and management of CHB. Borow and Venet will stay on for six months to help with the transition.
The transaction closed on December 30, 2021. Terms of the transaction were not disclosed.