Custom Building Products sells a "significant stock interest" to N.Y. firm
"The management of Custom Building Products looks forward to partnering with Kelso with the purpose of strengthening our company," said Thomas R. Peck II, president of Custom Building. "Our entire organization is fully committed to customer satisfaction and profitable market growth."
Frank K. Bynum Jr., managing director of Kelso, said that aligning itself with Custom was a natural fit. "Custom exemplifies the type of organization we seek to align ourselves with because it is customer focused, produces quality products and has an experienced group of key managers and loyal employees," he said.