February 1, 2022

Milbank Advises SVPGlobal on Acquisition of Associated Materials

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Milbank LLP is advising Strategic Value Partners, LLC and its affiliates ("SVPGlobal"), in connection with SVPGlobal’s acquisition of Associated Materials, pursuant to a definitive Merger Agreement dated January 25, 2022. SVPGlobal is a global investment firm with over $18 billion of assets under management.

Associated Materials is a vertically integrated building products company with $1.6 billion in annual revenues and a market leader in vinyl windows, vinyl cladding, and metal siding and trim. Associated Materials introduced its Alside brand in 1947 and today owns other leading brands, including Gentek supply centers, Mezzo and Regency windows, Ascend, Charter Oak, Sequoia Select vinyl and composite cladding, and Deluxe and Satinwood metal siding and trim. Associated Materials has over 4,400 employees and operates its own 125 Alside and Gentek distribution centers in the United States and Canada along with 11 manufacturing facilities.

The Milbank deal team is led by Global Corporate partner Bob Kennedy, along with counsel John Garces, and associates Bianca Prikazsky, Sydney Altman and Lisa Angeles. The team also includes Tax partner Max Goodman and associate Michael Rivkin; Executive Compensation and Employee Benefits partners Mike Shah and Joel Krasnow, and associate James Beebe; Environmental partner Matt Ahrens and associate Allison Sloto; Antitrust partner Fiona Schaeffer and associate Andrew Wellin; Litigation & Arbitration of counsel Jane Hanson; and Real Estate associate Lisa Brabant.