M3 Glass Technologies acquired Thermotec Glass, a manufacturer of exterior insulated glass located in Georgetown, Texas and founded in 1995. The acquisition was announced in a statement on the company’s website.
Thermotec Owner Luis Najarro and the management team will stay on and continue to grow the business in the Central Texas market. Najarro says, “We are excited to join the M3 family. Their focus on quality and service matches that of Thermotec. We look forward to growing with M3 and taking the business to the next level.”
David Jackson, CEO of M3 Glass Technologies, says, “We are thrilled to partner with Luis and his outstanding team as M3 expands into insulated glass. This acquisition is a critical step in building a complete portfolio of glass products to provide our customers a ‘one-stop shop’ experience for both interior and exterior glass.
In conjunction with this acquisition, M3 will soon be breaking ground on a state-of-the-art commercial insulated glass line at our Georgetown facility, which we hope to have online by the end of 2022.”
M3 Glass Technologies is a portfolio company of LongWater Opportunities, a private equity firm headquartered in Dallas and Fargo, North Dakota, that partners with family-owned, U.S.-based manufacturing companies.
Jordan Bastable, partner and co-founder at LongWater, says, “The acquisition of Thermotec by M3 Glass brings together two very complementary businesses that can now better serve customers. Additionally, the transaction presents an incredible opportunity for these two successful companies and their employees to continue to grow and develop.”
