CHICAGO, Jan. 10, 2014 /PRNewswire/ — Lincoln International (“Lincoln“), a leading global mid-market investment bank, is pleased to announce that Headwaters Incorporated (NYSE:HW), a leading producer of light building products and heavy construction materials, has acquired an 80% equity interest in the business of Roof Tile, Inc., a leading manufacturer of concrete roof tiles and related accessories under the Entegra brand name (“Entegra Roof Tile” or the “Company”). In addition to the Entegra Roof Tile acquisition, Headwaters acquired a 40% equity interest in Tag & Stick, a separate joint venture to be controlled by the shareholders of Entegra Roof Tile. Tag & Stick sells an innovative roofing underlayment that overcomes many of the challenges associated with self-adhered underlayments. Lincoln acted as the exclusive financial advisor to Entegra Roof Tile.

Entegra Roof Tile, headquartered in Okeechobee, Florida, is a leading manufacturer of concrete roof tiles for use in residential replacement roofs, new custom homes, new tract homes and commercial buildings throughout Florida and the Caribbean. The Company’s product portfolio features a diverse range of tiles, trim and accessories that are durable, aesthetically appealing and energy efficient.

Lincoln worked closely with the Company’s senior management team throughout the sale process. The sale of Entegra Roof Tile is another successful deal for Lincoln’s highly active Building and Infrastructure Group, marking the 17th completed transaction in 2013, a record year for the Group. “Lincoln was a valued partner throughout the transaction,” said Mike Johnson, President of Entegra Roof Tile. “Their extensive experience in the building products industry proved invaluable as they managed a disciplined process that produced a great outcome for Entegra Roof Tile.”

About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With fifteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.

Media Contact:
Lindsey Jodts
Lincoln International
(312) 506-2743
ljodts@lincolninternational.com

SOURCE Lincoln International