Our group is currently targeting these companies

Typical segments include 1) automotive glass; 2) mfg & sale of insulated glass units (IGU) and 3) bath & shower products (typically custom / all tempered glass). Auto glass is a world to itself. Service is key and thus mfg. capability / flexibility is often a distinguishing characteristic. Are design services offered? Does the target mfg. its own IGU's? Have the ability to temper glass (oven)? ERP system in place? If not, they are at the mercy of their supply channels (like all of the weaker competitors). Quick mfg. / delivery of IGU's to the building community and other glass shops is a good business. Negatives include overwhelming reliance on residential applications (hopefully little to no new construction) and discretionary aspects of bathroom / shower remodeling projects (often 25% of sales). Skilled install techs are in high demand and represent a potential practical barrier to growth. I am not targeting this space but have taken a look at it. My thinking is that acquisition #1 needs to be large enough to built upon (i.e. a multi-locational business to begin with). The aggregation of single location businesses in this space strikes me as a difficult path.

^[redacted]‌, ^[redacted]‌, ^[redacted]‌ might be able to comment here.

^[redacted]‌ (not active on Searchfunder) bought a window & glass company out of Search Fund Accelerator last fall. You could try reaching out on LinkedIN.‌‌