Genesis Capital is pleased to announce Binswanger Glass (“Binswanger” or the “Company”) has been acquired by Transom Capital Group (“Transom”) from Wingate Partners. Since its inception in 1872, Binswanger has grown to be one of the largest and most experienced full-service glass and glazier companies in the United States.
Headquartered in Memphis, Tennessee, Binswanger operates 42 locations across 11 states, providing industry-leading commercial and residential glass design, engineering, fabrication and installation services. The Company serves a diversified base of commercial clients, including national retailers, corporate accounts, and general contractors, while also delivering residential services through its extensive regional service center network.
“We couldn’t have asked for a better advisor than Genesis Capital,” said Blake Hancock, Binswanger’s CEO. “The team provided exceptional support and guidance through every step of the process to find the ideal partner for the Company going forward. Their experience and strategic insight facilitated a partnership that positions Binswanger for its next phase of growth.”
Jason Reed, Partner at Wingate Partners, said, “Through their strategic and thoughtful approach, Genesis Capital was instrumental in securing a very successful outcome for all parties involved. We have worked with numerous investment banking advisors over the years, and Genesis provided one of the very best experiences we have ever had.”
Under CEO Blake Hancock, Binswanger has made strategic investments to create a stronger, more agile organization, positioning Binswanger as a differentiated partner to commercial and residential customers alike. Together with Transom, Binswanger is poised to continue this path to excellence, unlocking its full potential and strengthening its position as the nation’s leading glazier.
“We’re excited to partner with Transom as we continue Binswanger’s transformation and build on our long tradition of growth and excellence,” said Hancock. “We’ve been very focused on creating a stronger, more agile organization through strengthened systems, leadership and customer engagement, and Transom’s operational approach will help us take the business to the next level. With Transom’s expertise and investment, we are well positioned to support our team, elevate the customer experience, and deliver innovative solutions throughout our national network.”
“Binswanger exemplifies the type of resilient, service-driven business that aligns with Transom’s investment strategy,” said Conor Davenport, Managing Director at Transom. “The Binswanger team has built an impressive platform known for its quality of work and customer service. We see significant opportunity to build on Binswanger’s legacy and leverage our hands-on operational approach to unlock the Company’s next phase of growth and innovation.”
Genesis Capital served as financial advisor to Binswanger Glass and Willkie Farr & Gallagher LLP served as legal counsel to Binswanger. Kirkland & Ellis LLP served as legal counsel to Transom Capital Group.
About Binswanger Glass
Founded in 1872 and headquartered in Memphis, Tennessee, Binswanger is one of the largest and most experienced full-service flat glass companies in the United States. The company provides custom glass design, engineering, fabrication, and installation services for both commercial and residential applications, with 42 locations across 11 states. Binswanger serves major end markets including retail, office, education, property management, and healthcare, and is recognized as a Top 10 U.S. Glass & Metal Contractor by USGlass Magazine and Glass Magazine. For more information, visit www.binswangerglass.com.
About Transom Capital Group
Transom is a leading operationally focused private equity firm that thrives in complexity, specializing in identifying and unlocking value in the middle market. Founded in 2008 and headquartered in Los Angeles, Transom has established a strong track record across various economic cycles by employing a time-tested, operationally intensive strategy to drive transformative outcomes. Transom’s expertise spans corporate carve-outs, lender-owned businesses, and other complex situations requiring speed, flexibility, and precision. Supported by a large in-house operations team, Transom delivers tailored solutions backed with functional expertise to help companies unlock their full potential. Transom’s sector-flexible approach is grounded in pattern recognition, value creation, and disciplined execution. The firm provides not only capital, but also the tools, insights, and operational capabilities necessary to accelerate performance and create long-term value. For more information, visit www.transomcap.com.