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Grey Mountain Partners Invests in Binswanger Enterprises, LLC

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					Grey Mountain Partners Invests in Binswanger
Enterprises, LLC
January 06, 2012 06:18 AM Eastern Time 

MEMPHIS, Tenn.--(EON: Enhanced Online News)--Grey Mountain Partners ("Grey Mountain") has acquired
Binswanger Enterprises, LLC (“Binswanger”). Headquartered in Memphis, Tenn., Binswanger is a designer,
installer, and retailer of architectural glass and aluminum products, focused on the maintenance, repair and renovation
of residential and commercial buildings as well as the auto glass replacement market.

Will Pucillo of Grey Mountain said, "We are buying an excellent business with incredible growth prospects.Since
1872, Binswanger has been a leader in a fragmented industry and is known as a reliable, customer-centric
organization.Binswanger serves the commercial and specialty glass, auto glass, and residential glass end markets
through over 70 locations.”

“Grey Mountain’s ownership enables the management team to focus on a stand-alone business strategy,” said
Pucillo. “Binswanger is now independent of ownership by a glass fabricator or distributor, which will allow greater
diversity in product options. The management team and over 750 employees can now focus on better serving its
customer base and growing into new parts of the market.” 

ABOUT BINSWANGER ENTERPRISES, LLC

With over 70 locations in 14 states, Binswanger is the largest full-service designer, retailer, and installer of
architectural glass and aluminum products within the construction, residential, and automotive markets in the United
States. Binswanger Glass was originally founded in 1872 and is headquartered in Memphis, Tenn. For more
information, please visit www.binswangerglass.com.

ABOUT GREY MOUNTAIN PARTNERS

Grey Mountain Partners is a Boulder, Colo.-based private equity firm that focuses on partnering with management to
create lasting value through operational improvements. Grey Mountain invests in lower middle-market companies
across a wide range of industries and in transactions with enterprise values between $30 million and $150 million.
For more information, please visit www.greymountain.com.

Contacts
Grey Mountain Partners
Jason Urband
Senior Associate
303-449-0269

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Description: MEMPHIS, Tenn.--(EON: Enhanced Online News)--Grey Mountain Partners ("Grey Mountain") has acquired Binswanger Enterprises, LLC (“Binswanger”). Headquartered in Memphis, Tenn., Binswanger is a designer, installer, and retailer of architectural glass and aluminum products, focused on the maintenance, repair and renovation of residential and commercial buildings as well as the auto glass replacement market. Will Pucillo of Grey Mountain said, "We are buying an excellent business with incredible gro a style='font-si
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