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ACT Capital Advisors Represents ProGlass, Incorporated in its Sale to a Strategic Buyer

ACT Capital Advisors is pleased to announce that its client, ProGlass, Incorporated (“Pro Glass”), was acquired by a strategic buyer in March 2024. ProGlass is a manufacturer of utility fiberglass products located in Shelton, Washington.

ProGlass manufactures the highest quality, strongest, and most reliable variety of products for utility providers throughout the United States and Canada. As an innovator in the utility industry, the Company also fabricates a variety of custom products tailored to fit a wide array of utility applications.

Tim Bruhn, who joined ProGlass in 2013, will stay on as General Manager of the facility. “We have a good product, and we’re pleased that the buyer is ready to leverage it for even better customer value.”

ACT Capital Advisors’ Chairman and CEO, Robert Hild, and Vice President, Madison Brown advised ProGlass, Inc. with respect to the transaction.

About ProGlass, Incorporated
Founded in 1990 by Jim Holland of Gig Harbor, Washington, ProGlass is a fiberglass products manufacturer for electrical utilities and other applications using a fiber-reinforced plastic lamination process. Jim worked as an electrical contractor and observed a high demand for quality fiberglass utility products, so ProGlass began by designing fiberglass products to meet that demand. The Company’s product lines include substation trench covers, transformer and switchgear boxes, sectionalizing ground sleeves, hillside barriers, and more.

Please visit https://www.proglassinc.com/ for more information.

About ACT Capital Advisors
ACT Capital Advisors is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across all industries. ACT has a 30-year history of deal-making, closing 200+ transactions and unlocking over $2.5 billion in wealth for its clients.

Please visit https://actcapitaladvisors.com/ for more information.

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