Blackford Capital, a national private equity firm headquartered in Grand Rapids, Mich., today announced its investment in Hastings, Mich.-based Quality Aluminum Products (or “Quality”), a leading manufacturer of residential exterior aluminum products. The transaction is the seventh by Blackford’s Michigan Prosperity Fund, which invests exclusively in Michigan companies to generate best-in-class equity returns and support the Michigan economy.
With nearly 50 years of experience in the building products industry, brothers George and Bob Clark founded Quality Aluminum Products in 1990. Quality’s products are sold primarily into the housing industry and include aluminum rain carrying systems, roof edging, fascia and soffit, trim coil, siding and other exterior aluminum products. The company has differentiated itself through the breadth and quality of its product portfolio, custom manufacturing capabilities, and customer service expertise.
Over the past five years, the Clark brothers have progressively transitioned their responsibilities to their sons Mike, Bob and Eric Clark. Mike Clark will continue to serve as the company’s President, while Bob and Eric Clark will remain in their current roles on the management team.
“Quality’s products are widely regarded within the industry to be some of the highest quality exterior aluminum products available today. Quality is unique because it has the production capabilities of a much larger company, while still maintaining industry-leading delivery services and customer care,” said Martin Stein, founder and managing director of Blackford Capital. “The company has achieved a leading presence throughout the Midwest, but we see opportunities for additional growth in this region, along with significant prospects in the Southeast and Central West United States. These additional areas represent larger markets within the industry, and we are excited by the potential to significantly increase the company’s geographic capabilities and presence. This growth will result in immediate job opportunities for employees at the company.”