Exclusive financial advisor to The Caldwell Manufacturing Company

KPMG Corporate Finance LLC acted as exclusive financial advisor to The Caldwell Manufacturing Company

KPMG Corporate Finance LLC is pleased to announce the sale of The Caldwell Manufacturing Company (Caldwell or the Company) to ASSA ABLOY, Inc. (ASSA ABLOY).

Headquartered in Rochester, New York, Caldwell is a manufacturer of fenestration hardware for window and door manufacturers. Founded in 1888, Caldwell has established itself as a leading provider of high quality products to customers around the world. Caldwell has expanded its product set to include hinge and door solutions for both the residential and commercial markets, anchored by its expertise around hung window solutions. The Company operates out of eight facilities across three countries that enable it to service a global footprint.

Caldwell products will add to the comprehensive portfolio of products offered by ASSA ABLOY, which include hinges, mechanical and digital locks, security doors, and automated entrances, which embrace new technologies such as biometrics and trusted identities. “We strongly believe that Caldwell and ASSA ABLOY together will be able to offer significant growth opportunities for the combined businesses,” said Eric Mertz, Caldwell’s president and CEO.

Eric commented on working with the KPMG CF team, “The KPMG Corporate Finance team provided strategic, constructive guidance throughout the transaction process. They helped us meet our end goal and overcome any hurdles we came across. Their diligent approach, capabilities, and abundance of resources were key to a successful and smooth transaction.”


ASSA ABLOY is a global leader in access solutions with operations in 70 countries and over 50,000 employees. The company offers its products, solutions, and services to institutional, commercial, and residential markets worldwide.

KPMG Corporate Finance

The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked as the top (#1) M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.

Trust KPMG Corporate Finance LLC with your next transaction.

Robert White

Robert White

Managing Director, KPMG Corporate Finance LLC

+1 202-491-5303

Corporate finance services, including Financing, Debt Advisory, and Valuation Services, are not performed by all KPMG member firms and are not offered by member firms in certain jurisdictions due to legal or regulatory constraints. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. 
The information contained in this communication may not be representative of the experience of other clients and does not constitute a recommendation, offer, or solicitation to buy, sell or hold any security of any issuer. Past performance does not guarantee future results.
©2022 KPMG Corporate Finance LLC, a Delaware limited liability company. Member FINRA/SIPC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. KPMG Corporate Finance LLC is not engaged in the practice of public accountancy. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.