PGT (PGTI) signed an agreement to acquire WinDoor, a provider of impact-resistant windows and doors for commercial buildings, including resorts, condominiums, and hotels. The transaction is valued at approximately $102 million.

Deutsche Bank and Suntrust have committed to providing a long-term debt facility of $350 million ($255 pro forma debt, net of undrawn revolver and cash liquidity) which will be used to consummate the acquisition, repay existing indebtedness and for general corporate purposes.

The transaction is expected to close in the middle of the first quarter of 2016.

WinDoor will become a wholly owned subsidiary of Venice FL-based PGTI, a manufacturer and supplier of residential high impact windows and doors.