Founded in 1996, Structus designs and manufactures a preferred line of products that enhances and supports finishing in the drywall industry. The Company’s leading proprietary products include No-Coat® structural laminate drywall corners, AquaBead and Hydrotrim® water-activated corners, Optimus Drywall Corner Reinforcement, EasyFlexTM Flexible Corner Bead, AutoPRO drywall finishing machines, UltraflexTM, UltratrimTM, Ultra ArchTM, and UltratoolTM drywall finishing tools and accessories, and Levelline® drywall corner trim.
In order to continue its rapid growth, Structus sought to align itself with a partner that could provide expanded domestic and international distribution.
Zachary Scott was engaged as the exclusive financial advisor to represent the shareholders in a review of
all strategic alternatives. Zachary Scott organized a competitive process whereby proposals from both industry participants and private equity investors could be considered simultaneously.
The sale of the business was consummated with CertainTeed Gypsum, a subsidiary of Saint-Gobain, one of the world’s largest and oldest building products companies in the world, currently celebrating its 350th anniversary. CertainTeed and its affiliates have more than 5,700 employees and more than 60 manufacturing facilities throughout the United States and Canada.