Mesirow Advises Prestige Distribution, Inc. on its Sale to Vector Building Products

Prestige Distribution, a distributor and installer of Division 10 and 12 specialty commercial building products, has been acquired by Vector Building Products. The transaction was facilitated by Mesirow, an independent, employee-owned financial services firm, which acted as the exclusive financial advisor to Prestige Distribution, Inc. on the sale.

Founded in 2004 and based in Northbrook, Illinois, Prestige Distribution provides a range of commercial building products, including toilet partitions, lockers, window treatments, and washroom accessories. The company is recognized as one of the largest distributors in its sector and operates a substantial installation and labor network across the United States.

Rocky Pontikes, Senior Managing Director and Co-Head of Mesirow Investment Banking, remarked on Prestige's established reputation in the industry, stating, "Prestige Distribution has established itself as a trusted provider of Division 10 and 12 products and solutions, supported by a strong reputation for execution and customer service." He expressed confidence that the partnership with Vector would facilitate ongoing growth for the combined organization.

David Waxman, CEO and Co-Owner of Prestige, expressed pride in the company's achievements over the past two decades and emphasized the significance of the transaction for its employees and customers. Adi Klinghofer, President and Co-Owner, acknowledged Mesirow's guidance throughout the sale process, highlighting the successful outcome.

This acquisition marks another milestone for Mesirow, showcasing its expertise in the distribution and supply chain sector, where it has successfully completed over 350 transactions in recent years. The firm continues to enhance its reputation for delivering tailored financial solutions.