On June 30th, 2025, Valesco closed its fifth platform investment in Valesco Fund III. Headquartered in Clinton Township, MI, Five Lakes Manufacturing, Inc. (“Five Lakes”) is a premier manufacturer of interior commercial and architectural wood doors. Five Lakes offers a broad range of product offerings, selling to a national distributor network bolstered by decades-long relationships. Since its founding in 1994, Five Lakes has experienced monumental growth across its custom and stock door lines through an emphasis on superior quality, competitive lead-times, and strong customer relationships.
Valesco looks forward to partnering with the selling shareholders to further grow the company’s position as a market leader in the commercial and architectural wood door industry.
Valesco completed a majority recapitalization of the business in partnership with Brookside Capital Partners (“Brookside”) and the selling shareholders. Valesco looks forward to working with Brookside and management to capitalize on the company’s history, market positioning, and growth opportunities. Valesco and Brookside provided the equity and subordinated debt capital for the transaction, with Comerica Bank as the senior lender. Brown Gibbons Lang & Company Securities, LLC, served as exclusive financial advisor to Five Lakes.
Valesco continues to seek investment opportunities in the form of both equity and subordinated debt for control buyout, recapitalization, minority, management buyout, and mezzanine situations for Valesco Fund III. Five Lakes represents an exemplary candidate for our fund as we look to accomplish the best outcomes for businesses, existing owners, and Valesco. We are excited to welcome Five Lakes and the team into our portfolio and are delighted to see the continued success of the business.
About Valesco
Valesco is a Dallas, Texas, based private equity firm that focuses on making control and non-control investments in select growth-oriented small- and lower- middle-market businesses engaged in manufacturing, distribution, and business-to-business services. Valesco specializes in partnering with a company’s management team to support its growth objectives. As long-term industry veterans, the principals have capitalized and built numerous successful businesses, serving those companies in varying roles as investors, managers, advisors, and directors.
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Contacts
Angie Henson – aghenson@valescoind.com
Valesco Industries
214.393.2534