Glenwillow, Ohio – February 18, 2021 | GED Integrated Solutions, Inc. (“GED”), a portfolio company of The Beekman Group (“Beekman”), announced that it has acquired Norfield, Inc. (“Norfield”), a California-based provider of automation equipment, parts, and services to the residential and commercial door manufacturing market. Norfield serves a diverse base of customers and is a leader in the pre-hung door machinery industry, with decades of experience providing value-added solutions. Norfield was founded in 1959 and has a tenured staff that has driven successful growth with excellent products and customer service. Norfield is headquartered in Chico, CA and has a second facility in the Raleigh, NC area.
GED has grown continually over the years through new product development and by providing exceptional products that assist window manufacturers to improve quality, increase production capabilities, and lower total costs. The acquisition of Norfield allows both GED and Norfield to leverage their unique assets and common ideals to continue to serve manufacturers of windows and doors with broader capabilities.
Bill Weaver, CEO of GED, commented, “We are highly impressed with Norfield’s market position, their product portfolio, and long-term customer relationships. Their successful history of serving the door manufacturing market and their focus on value-added solutions is a terrific match for GED, and we are thrilled to welcome them to the GED family. We believe we will accomplish more together in the years to come than we could as separate companies.”
Jeff Reed, Executive Chairman of GED added, “Norfield and GED are leaders in their respective equipment markets, and they share the same goals of delivering high quality products, services and aftermarket parts to their customers. The two businesses will complement each other well, and I along with Beekman and GED look forward to supporting their continued growth.”
GED and Norfield will leverage synergies among manufacturing, sales and technical service to provide customers with the combined strength of the two companies. Both GED and Norfield will retain their respective company brands.
About The Beekman Group
The Beekman Group is a private equity firm, based in New York City, dedicated to partnering with management teams to grow companies into market-leading businesses. Beekman manages over $800 million of capital and has access to additional capital through strategic co-investment relationships. Beekman partners with management teams who desire to be significant owners and create meaningful value by accelerating organic and acquisition growth initiatives. The Beekman team consists of experienced private equity professionals, as well as a select group of Operating Advisors, who are leading executives in Beekman’s targeted industry segments. This Industry Advisor approach to investing is the cornerstone of Beekman’s investment strategy – bringing financial and operational resources to lower middle market companies in order to accelerate growth and create value for all shareholders. For more information, visit www.thebeekmangroup.com.
About GED Integrated Solutions, Inc.
GED Integrated Solutions is a Worldwide Supplier of fully integrated insulating glass (IG), vinyl window and door robotic automation fabrication systems and software. GED leads the industry with quality, capacity and cost-effective solutions as demonstrated by the revolutionary Intercept® Warm Edge spacer frame production systems as well as our innovative vinyl automation systems and value-driven scheduling and analytics software. GED’s commitment to innovation, that addresses our customers’ needs, is proven by the fact that 22 of the top 25 window and door manufacturers utilize GED’s equipment and software. Learn more at www.GEDUSA.com.
About Norfield, Inc.
Norfield has been serving the North American pre-hung door machinery market since 1959 and offers a variety of equipment, parts and services to a diverse base of customers. Norfield’s signature products are the Magnum and the Eagle machines. Norfield’s mission is to deliver long-term customer satisfaction by designing and building state-of-the-art machinery and then supporting it with replacement parts, technical expertise, field service, and a full catalog of specialty tools and other products. For more information visit www.norfield.com.