Latest news with #ShakerShutters.com
Associated Press
7 days ago
- Business
- Associated Press
ShakerShutters.com Secures Round B Financing for Business Growth
Leading Exterior Shutter Manufacturer Continues Accelerated Growth ROSWELL, GA, UNITED STATES, June 3, 2025 / / -- (' SHAKER '), the leading manufacturer of ultra-premium exterior shutters in the US, has secured Round B growth capital funding from TAPROOT Equity Funds, LLC ('TAPROOT') to expand its production, paint and distribution operations. 'This investment from TAPROOT allows us to expand our production capacity and to also build a high-capacity paint facility to increase output. From a production standpoint, the most time-demanding component for us is the painting process. By expanding our paint facility, we can increase capacity while decreasing production times for both our direct-to-consumer and dealer orders. This is a win-win for both us and our customers.', says Joe Patterson, SVP of Operations at SHAKER. The TAPROOT team was equally excited about the opportunities presented by this round of funding. 'We've been a financial and operational partner with SHAKER for several years now and the company continues to be one of our best performing portfolio companies. We love what SHAKER is doing in the marketplace and are fully confident in the leadership team to continue to accelerate growth over the next few years', says TAPROOT Portfolio Manager, Jeff Boyles. Currently, SHAKER manufacturers and ships shutters throughout the US and services both residential and commercial projects. About SHAKER: Since its founding in 2017, SHAKER has grown to become the leading manufacturer of ultra-premium exterior shutters for residential projects. In 2020, the company expanded its direct-to-consumer division to provide high-end exterior shutters to homeowners, at factory direct pricing, shipped directly from its Georgia-based production facility. Requests for information about the company should be directed to [email protected]. About TAPROOT: Focused primarily on first stage growth businesses, TAPROOT was founded with the goal of identifying successful early-stage businesses and helping provide capital to meet growth demands. The investment group also looks to partner with businesses that are manufacturing 'made in the USA' products that are sold direct to consumer and are value/equity building assets. Creating new US-based jobs to help grow the domestic economy is a core focus of the firm. Requests for information should be directed to [email protected]. Media Relations +1 470-208-1144 [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
06-03-2025
- Business
- Associated Press
ShakerShutters.com Selects New President and CEO
Seasoned industry leader named new CEO of ROSWELL, GA, UNITED STATES, March 6, 2025 / / -- (' SHAKER '), the leading manufacturer of ultra-premium exterior shutters in the US, announced that Keith Vargo has been named the new President and CEO of the company, effective March 1, 2025. Mr. Vargo is a seasoned executive, having held CEO roles at several companies over the last 17 years while leading those companies through periods of rapid growth and expansion. Mr. Vargo also brings international business expansion experience to the SHAKER team having successfully led new product launches throughout the Caribbean, Africa, Middle East and Asia with previous companies. 'I'm excited to lead this dynamic and rapidly growing organization to expand our nationwide footprint. I've been an operating partner with SHAKER for the past 3 years and have worked alongside the executive team through several acquisitions and facility expansions. The SHAKER team is one that gets you excited to come to work in the morning knowing that they've created a world-class culture of innovation and delivery,' says Mr. Vargo. Joe Paterson, SVP of Operations at SHAKER added, 'I've enjoyed working with Mr. Vargo over the past 3 years and been amazed at his innovative approach towards growing the business. We've experienced record growth from 2021 to 2024 and much of this is due to Mr. Vargo's leadership and guidance. I speak for the entire executive team when I say that we couldn't be more excited about where we can take the company under Mr. Vargo's leadership.' About SHAKER: Since its founding in 2017, SHAKER has grown to become the leading manufacturer of ultra-premium exterior shutters for residential projects. In 2020, the company expanded its direct-to-consumer division to provide high-end exterior shutters to homeowners, at factory direct pricing, shipped directly from its Georgia-based production facility. Requests for information about the company should be directed to [email protected]. Media Relations +1 470-208-1144
