
Acquisition Further Expands Trimlite&#39;s Presence in the Southeast and Strengthens Its Residential Door Distribution Platform


Trimlite Equity, L.P. (&#34;Trimlite&#34; or the &#34;Company&#34;), a value-added

<p xmlns="http://www.w3.org/1999/xhtml">
Acquisition Further Expands Trimlite&#39;s Presence in the Southeast and Strengthens Its Residential Door Distribution Platform

</p><p xmlns="http://www.w3.org/1999/xhtml">
Trimlite Equity, L.P. (&#34;Trimlite&#34; or the &#34;Company&#34;), a value-added distributor of residential doors and door products, and a portfolio company of Wynnchurch Capital, L.P. (&#34;Wynnchurch&#34;), today announced the acquisition of Barnett Millworks (&#34;Barnett&#34;), a leading distributor of residential door products serving customers throughout the Southeast and Gulf Coast. The acquisition expands Trimlite&#39;s geographic footprint and strengthens its ability to serve customers across North America.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Founded in 1945 and headquartered in Theodore, Alabama, Barnett is a valued-added distributor of residential doors and millwork products. For more than 80 years, the company has built a reputation for high-quality products, exceptional customer service, and long-standing customer relationships throughout the Southeast and Gulf Coast. Prior to the acquisition, the business was family-owned and operated by three generations of the Barnett family, whose roots in the millwork industry date back to the 1930s.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The acquisition further strengthens Trimlite&#39;s position as a value-added distributor of residential doors and related products. Barnett&#39;s complementary geographic footprint, customer relationships, and value-added capabilities enhance Trimlite&#39;s platform while expanding its presence in some of the fastest-growing residential construction markets in the United States.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Patrick Hooper, President and CEO of Trimlite, said, &#34;Barnett Millworks has built an exceptional business over the past eight decades and earned the trust of customers across the Southeast through its longstanding commitment to quality and service. Their culture, values, and customer-first approach align closely with Trimlite. We&#39;re excited to welcome the Barnett team and invest in the continued growth of the business while expanding our ability to serve customers across North America.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Paul Barnett, President and CEO of Barnett Millworks, said, &#34;Our family has had the privilege of serving customers for more than 80 years, and we are incredibly proud of what our employees have built together. Choosing the right partner was about preserving our culture, creating opportunities for our employees, and ensuring our customers continue to receive the exceptional service they&#39;ve come to expect. We found that partner in Trimlite, and we&#39;re excited for the future."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Brian Crumbaugh, Partner at Wynnchurch, said, &#34;Barnett is an outstanding business with a differentiated market position, a loyal customer base, and a talented management team. The acquisition aligns with our strategy of supporting Trimlite&#39;s continued growth through investments that expand its geographic reach and enhance its product offerings. We look forward to partnering with the Trimlite and Barnett teams as they continue building a differentiated residential door platform across North America.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
The acquisition of Barnett represents Trimlite&#39;s fourth acquisition since partnering with Wynnchurch and its second acquisition completed in 2026, following the acquisition of Harris Door and Millwork in March. The acquisition reflects Trimlite&#39;s strategy of expanding its geographic reach, enhancing customer service capabilities, and building the premier value-added residential door distribution platform in North America.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Barnett Millworks:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Barnett Millworks is a family-owned and operated business providing the finest in millwork products since 1945. Barnett Millworks prides itself in producing high-quality products and providing exceptional customer service throughout the Southeastern United States. For more information, please visit: www.barnettmillworks.com.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Trimlite:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Founded in 1982, Trimlite Equity, L.P. is a value-added distributor of residential doors and related door products in North America. The Company supplies a broad range of interior and exterior door slabs, prehung doors, door glass and doorlites, and other related products, sold through its network of wholesale distributors, dealers, and OEM customers. For more information, please visit: www.trimlite.com.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Wynnchurch Capital:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Wynnchurch Capital, L.P. is a leading middle-market private equity investment firm that has been investing in industrial businesses for more than 25 years. Wynnchurch is currently investing out of its sixth private equity fund and manages approximately $9.1 billion of assets under management. The firm’s strategy is to partner with middle-market companies that possess the potential for substantial growth and profit improvement. Wynnchurch specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recent exits include the pending sale of FloWorks to Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/FERG">FERG</a>) in a transaction valued at approximately $1.6 billion and sale of Labrie Environmental Group to Hiab Corporation (Nasdaq Helsinki: HIAB) in a transaction valued at approximately $1.035 billion. Recent investments include MSHS Pacific Power Group, Sterno, NABRICO Marine Products, Charter Industries, and Astro Shapes. For more information, please visit: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wynnchurch.com&amp;esheet=54583243&amp;newsitemid=20260804510408&amp;lan=en-US&amp;anchor=www.wynnchurch.com&amp;index=1&amp;md5=5822af3c853d0695b53758c493491865" shape="rect">www.wynnchurch.com</a> or follow us on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fwynnchurch-capital%2F%3FviewAsMember%3Dtrue&amp;esheet=54583243&amp;newsitemid=20260804510408&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=3eb77058a9a8ae22f3622535c419077f" shape="rect">LinkedIn</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260804510408r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260804510408/en/" rel="nofollow">https://www.businesswire.com/news/home/20260804510408/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For new investment opportunities, please contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Mike Teplitsky
<br xmlns="http://www.w3.org/1999/xhtml"></br>Partner
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mteplitsky@wynnchurch.com" shape="rect">mteplitsky@wynnchurch.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Scott Fitch
<br xmlns="http://www.w3.org/1999/xhtml"></br>Partner
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:sfitch@wynnchurch.com" shape="rect">sfitch@wynnchurch.com</a>

</p>

FERG

Trimlite Acquires Barnett Millworks

Trimlite expands Southeast with Barnett acquisition; ties into Ferguson FloWorks deal

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Acquisition Further Expands Trimlite&amp;#39;s Presence in the Southeast and Strengthens Its Residential Door Distribution Platform


Trimlite Equity, L.P. (&amp;#34;Trimlite&amp;#34; or the &amp;#34;Company&amp;#34;), a value-added</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Trimlite Equity, backed by Wynnchurch, announced the acquisition of Barnett Millworks, expanding its Southeast and Gulf Coast residential door footprint. Barnett, founded in 1945, brings long-standing relationships and millwork capabilities, enhancing Trimlite&#039;s platform. The release also notes Wynnchurch&#039;s ongoing investment activity and references a pending FloWorks sale to Ferguson Enterprises valued at about $1.6 billion, which could influence FERG&#039;s near-term equity value if the deal closes.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Trimlite buys Barnett Millworks to expand Southeast footprint. Barnett adds established customers and millwork.</li><li>Barnett founded in 1945; family-owned legacy and Southeast reputation. Trimlite&#039;s growth via Wynnchurch.</li><li>Barnett acquisition marks Trimlite&#039;s fourth deal with Wynnchurch; second in 2026.</li><li>Pending FloWorks sale to Ferguson Enterprises cited; potential FERG price impact.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Trimlite Equity, L.P. (N/A)</strong>: Private, expanding residential door distribution; acquisition target.</li><li><strong>Barnett Millworks (N/A)</strong>: Private Southeast/Gulf Coast door distributor; acquired by Trimlite.</li><li><strong>Wynnchurch Capital (N/A)</strong>: Private equity backer; funds growth through add-on acquisitions.</li><li><strong>Ferguson Enterprises (FERG)</strong>: Buyer of FloWorks; potential near-term earnings/valuation impact if deal closes.</li><li><strong>FloWorks (N/A)</strong>: Business unit targeted by Ferguson; deal valued at about $1.6B.</li></ul>
  </section>

  <section data-block="category">
    <h3>M&amp;A</h3>
    <p>Category: M&amp;A. The story centers on acquisitions and strategic expansion within a residential door distribution platform, highlighting private equity backing and a linked potential deal involving Ferguson Enterprises.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Pending FloWorks sale to Ferguson Enterprises (~$1.6B) could move FERG on deal updates.</li><li>Barnett acquisition broadens Trimlite&#039;s geographic reach; indirect impact on distribution peers.</li><li>Wynnchurch backing supports more add-on deals, potential valuation upgrades in the sector.</li><li>If FloWorks closes, FERG could see upside multiples; validate with earnings impact.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Barnett Millworks founded in 1945; Theodore, Alabama.</li><li>Trimlite fourth acquisition under Wynnchurch; second in 2026 (after Harris Door and Millwork).</li><li>Harris Door and Millwork acquisition completed in March 2026.</li><li>Pending sale of FloWorks to Ferguson Enterprises valued at ~$1.6 billion.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>FERG could react to deal progress on FloWorks; monitor for updates over the next 1–3 quarters.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Acquisition Further Expands Trimlite&#39;s Presence in the Southeast and Strengthens Its Residential Door Distribution Platform

</p><p xmlns="http://www.w3.org/1999/xhtml">
Trimlite Equity, L.P. (&#34;Trimlite&#34; or the &#34;Company&#34;), a value-added distributor of residential doors and door products, and a portfolio company of Wynnchurch Capital, L.P. (&#34;Wynnchurch&#34;), today announced the acquisition of Barnett Millworks (&#34;Barnett&#34;), a leading distributor of residential door products serving customers throughout the Southeast and Gulf Coast. The acquisition expands Trimlite&#39;s geographic footprint and strengthens its ability to serve customers across North America.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Founded in 1945 and headquartered in Theodore, Alabama, Barnett is a valued-added distributor of residential doors and millwork products. For more than 80 years, the company has built a reputation for high-quality products, exceptional customer service, and long-standing customer relationships throughout the Southeast and Gulf Coast. Prior to the acquisition, the business was family-owned and operated by three generations of the Barnett family, whose roots in the millwork industry date back to the 1930s.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The acquisition further strengthens Trimlite&#39;s position as a value-added distributor of residential doors and related products. Barnett&#39;s complementary geographic footprint, customer relationships, and value-added capabilities enhance Trimlite&#39;s platform while expanding its presence in some of the fastest-growing residential construction markets in the United States.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Patrick Hooper, President and CEO of Trimlite, said, &#34;Barnett Millworks has built an exceptional business over the past eight decades and earned the trust of customers across the Southeast through its longstanding commitment to quality and service. Their culture, values, and customer-first approach align closely with Trimlite. We&#39;re excited to welcome the Barnett team and invest in the continued growth of the business while expanding our ability to serve customers across North America.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Paul Barnett, President and CEO of Barnett Millworks, said, &#34;Our family has had the privilege of serving customers for more than 80 years, and we are incredibly proud of what our employees have built together. Choosing the right partner was about preserving our culture, creating opportunities for our employees, and ensuring our customers continue to receive the exceptional service they&#39;ve come to expect. We found that partner in Trimlite, and we&#39;re excited for the future."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Brian Crumbaugh, Partner at Wynnchurch, said, &#34;Barnett is an outstanding business with a differentiated market position, a loyal customer base, and a talented management team. The acquisition aligns with our strategy of supporting Trimlite&#39;s continued growth through investments that expand its geographic reach and enhance its product offerings. We look forward to partnering with the Trimlite and Barnett teams as they continue building a differentiated residential door platform across North America.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
The acquisition of Barnett represents Trimlite&#39;s fourth acquisition since partnering with Wynnchurch and its second acquisition completed in 2026, following the acquisition of Harris Door and Millwork in March. The acquisition reflects Trimlite&#39;s strategy of expanding its geographic reach, enhancing customer service capabilities, and building the premier value-added residential door distribution platform in North America.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Barnett Millworks:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Barnett Millworks is a family-owned and operated business providing the finest in millwork products since 1945. Barnett Millworks prides itself in producing high-quality products and providing exceptional customer service throughout the Southeastern United States. For more information, please visit: www.barnettmillworks.com.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Trimlite:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Founded in 1982, Trimlite Equity, L.P. is a value-added distributor of residential doors and related door products in North America. The Company supplies a broad range of interior and exterior door slabs, prehung doors, door glass and doorlites, and other related products, sold through its network of wholesale distributors, dealers, and OEM customers. For more information, please visit: www.trimlite.com.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Wynnchurch Capital:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Wynnchurch Capital, L.P. is a leading middle-market private equity investment firm that has been investing in industrial businesses for more than 25 years. Wynnchurch is currently investing out of its sixth private equity fund and manages approximately $9.1 billion of assets under management. The firm’s strategy is to partner with middle-market companies that possess the potential for substantial growth and profit improvement. Wynnchurch specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recent exits include the pending sale of FloWorks to Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/FERG">FERG</a>) in a transaction valued at approximately $1.6 billion and sale of Labrie Environmental Group to Hiab Corporation (Nasdaq Helsinki: HIAB) in a transaction valued at approximately $1.035 billion. Recent investments include MSHS Pacific Power Group, Sterno, NABRICO Marine Products, Charter Industries, and Astro Shapes. For more information, please visit: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wynnchurch.com&amp;esheet=54583243&amp;newsitemid=20260804510408&amp;lan=en-US&amp;anchor=www.wynnchurch.com&amp;index=1&amp;md5=5822af3c853d0695b53758c493491865" shape="rect">www.wynnchurch.com</a> or follow us on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fwynnchurch-capital%2F%3FviewAsMember%3Dtrue&amp;esheet=54583243&amp;newsitemid=20260804510408&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=3eb77058a9a8ae22f3622535c419077f" shape="rect">LinkedIn</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260804510408r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260804510408/en/" rel="nofollow">https://www.businesswire.com/news/home/20260804510408/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For new investment opportunities, please contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Mike Teplitsky
<br xmlns="http://www.w3.org/1999/xhtml"></br>Partner
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:mteplitsky@wynnchurch.com" shape="rect">mteplitsky@wynnchurch.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Scott Fitch
<br xmlns="http://www.w3.org/1999/xhtml"></br>Partner
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:sfitch@wynnchurch.com" shape="rect">sfitch@wynnchurch.com</a>

</p>

Trimlite Equity, backed by Wynnchurch, announced the acquisition of Barnett Millworks, expanding its Southeast and Gulf Coast residential door footprint. Barnett, founded in 1945, brings long-standing relationships and millwork capabilities, enhancing Trimlite's platform. The release also notes Wynnchurch's ongoing investment activity and references a pending FloWorks sale to Ferguson Enterprises valued at about $1.6 billion, which could influence FERG's near-term equity value if the deal closes.

News insight

Trimlite Acquires Barnett Millworks

AI summary

Sentiment rationale

Key facts

M&A