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Exchange Income Corporation Completes Acquisition of Advanced Window, Inc.
Exchange Income Corporation Completes Acquisition of Advanced Window, Inc. Canada ...
About this update from Exchange Income Corporation
[{"type":"text","content":"\n\n\n\nExchange Income Corporation Completes Acquisition of Advanced Window, Inc.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nWINNIPEG, Oct. 17, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./\n WINNIPEG, Oct. 17, 2019 /CNW/ - Exchange Income Corporation (TSX: EIF) (\"EIC\" or the \"Corporation\") announced it has completed the acquisition of Advanced Window, Inc. (\"AWI\") today. The acquisition was first announced on October 8, 2019. \nFounded in 1994, AWI is a full-service glazing company specializing in sales, consultation, design, engineering, installation and service of pre-glazed fenestration products. AWI's operational focus is the Northeastern United States, specifically the Mid-Atlantic Region consisting of New York, Pennsylvania, Maryland, Washington, DC and Virginia.\n\"We are very excited about the acquisition of AWI,\" stated Martin Cash, the CEO of Quest Windows, a subsidiary of EIC. \"Quest began working with AWI in 2013 and we have experienced firsthand the professionalism and the value they provide as a leader in the market. Partnering with Jason and his great team at AWI will enable Quest to provide the best value and comprehensive offering to our customers. Furthermore, the acquisition of AWI will continue our trajectory in the US market as we continue to build our sales channels and overall product offering. We are excited about this next phase with AWI.\"\nJason Glatt, the owner and CEO of AWI, has committed to continue in his current role. In explaining the decision to sell to EIC, Glatt stated, \"We knew we had a great partner in Quest and wanted to solidify our relationship. Over the last 5 years we have experienced tremendous growth as we brought the Quest product to our customers. This transaction will ensure we can continue that success and strengthen the company's long-term future. I'm excited to lead this next phase of growth for AWI and am confident that it is the right decision for our company, our employees, and our customers.\...