Janus International, a global manufacturer and supplier of building solutions and technology for the self-storage industry, has acquired Steel Storage Australasia, a provider of self-storage design and construction solutions to the Australasian market. The Brisbane, Australia-based company also provides doors, lockers, partition systems, single and multi-story self-storage buildings, and mezzanine and flooring systems in Australia, according to a press release.
“We're very excited to have Steel Storage Australasia join the Janus family. This addition further solidifies Janus as a truly global, turnkey solutions provider for the self-storage industry,” said Ramey Jackson, CEO of Janus. “The acquisition also positions our group of companies to meet rapidly increasing demand for Janus’ products and technologies in the Australian market, including our mobile-storage solutions and our Nokē smart-entry system.”
“Janus continues to show strong growth both organically and through disciplined, targeted acquisitions like Steel Storage Australasia, a transaction that will add significant market opportunities for Janus’ existing solutions," added José E. Feliciano, managing partner and co-founder, and Colin Leonard, partner, with Janus parent company Clearlake Capital Group L.P. “We are excited about the opportunities that lie ahead for Janus, and we remain committed to supporting the company through our resources, relationships and the power of our O.P.S. [operations, people and strategy] framework.”
Headquartered in Temple, Ga., and founded in 2002, Janus sells roll-up and swing doors, hallway systems, and re-locatable storage units. It also has a technology division designed to help self-storage operators automate facility operation, improve security, and create a more convenient customer experience. It operates 10 U.S. locations as well as manufacturing facilities in Europe and Mexico.
Source:
Yahoo Finance, Clearlake Capital-Backed Janus International Acquires Steel Storage Australasia
