Quarton International is pleased to announce that Enviroshake, Inc. (“Enviroshake” or the “Company”) has been acquired by Headwaters Incorporated (“Headwaters”). Enviroshake is a leading manufacturer of highly engineered roofing products that are designed to replicate the authentic appearance of natural cedar and slate with better performance, longevity and durability. The Company’s unique product formula and production process have enabled Enviroshake to manufacturer a highly aesthetic product with enhanced physical properties. As a result, Enviroshake has achieved exceptional brand momentum and strong growth characteristics.
Quarton International acted as the exclusive financial advisor to Enviroshake, working closely with the management team and shareholder throughout the sale process to provide advisory expertise and manage the marketing, due diligence and negotiation phases of the transaction.
Enviroshake is a leading designer and manufacturer of engineered roofing products. Headquartered in Chatham, Ontario, the Company offers a technologically advanced composite based product line that is designed to authentically replicate the appearance of natural cedar shake and slate with better lifetime performance. Enviroshake’s proprietary product formula utilizes 95% recycled or reclaimed materials, such as post-industrial plastics, cellulosic wood fiber materials and recycled elastomers. Since inception, Enviroshake’s products have been installed in over 5,000 residential, resort, commercial, historical and government properties.
Headwaters Incorporated is improving lives through innovative advancements in construction materials through application, design, and purpose. Headwaters is a diversified growth company providing products, technologies and services to the construction materials and building products markets. Through its coal combustion products, building products, and energy businesses, the Company has been able to improve sustainability by transforming underutilized resources into valuable products. Headwaters is headquartered in South Jordan, Utah.