MechoShade Parent Company Acquired
MechoSystems, Inc., the parent company of MechoShade, has been acquired by Springs Window Fashions, the companies announced earlier this week.
Official financial terms were not disclosed. Closing is expected by early next month.
"MechoSystems' management team and their go-to-market strategies will remain intact as we work together to build both businesses," Scott Fawcett, president and CEO of Springs, said as part of the announcement.
"MechoSystems' Chairman Joel Berman, President Jan Berman, and Executive Vice President Glen Berman will continue to manage the MechoSystems business. We fully intend to leverage the experience and expertise of both companies, and share best practices on products, technologies, business processes, operations, and most importantly, our commitments to our customers."