A Brooklyn Park-based maker of railing, staging, seating and acoustical systems used in sports stadiums and facilities around the nation has sold for $71.5 million.
 
The deal for SC Railing Company closed on Monday. Trex Company, a competitor making wood-alternative railing and decking products, financed its purchased of SC Railing in cash and with its revolving credit line.
 
“This transaction provides important end market diversification for Trex,” James E. Cline, president and CEO of the Winchester, Virginia-based company, said in a statement. “We will gain access to growing commercial markets through SC Company, a leader in a complementary product category with a track record of substantial revenue growth and a strong management team.”
 
SC Railing held a sizeable share of the commercial railing market, said to be worth upwards of $1 billion, according to Trex. Its railing products were used in the construction of stadiums like Target Field and U.S. Bank Stadium; in hotels like the Mall of America’s JW Marriott; and in hospitals, schools, malls and company headquarters, including the one belonging to New Brighton-based Cardiovascular Systems.
 
This year, SC Railing is on pace to take in an estimated $56 million in sales, Trex said.
 
“The acquisition expands our custom design and engineering capabilities,” Cline noted, “and adds the contract architect and specifier communities as new channels for Trex.”
 
John Lewis, the chief executive of SC Railing, said the deal would allow his company to grow as well. “By joining together with Trex, we will have the resources and the platform to take advantage of the potential market opportunity for our full service partnerships for railing systems,” he said in prepared remarks. “This transaction will also provide us with the ability to accelerate our onboarding of engineering talent to ensure that we maintain market leadership.”
 
SC Railing’s operations and corporate headquarters will remain in Brooklyn Park, as will its facility in Fort Hill, South Carolina.