OldCastle Taps Advisers After the Firm’s Slump in 2025 Results

OldCastle BuildingEnvelope and a consortium of lenders have tapped advisers as the firm’s debt sunk deeper into distress territory in recent weeks amid weakened financial results, according to people familiar with the situation.

• The KPS Capital Partners-backed distributor of architectural glass retained Evercore and Paul Weiss Rifkind Wharton & Garrison for advice, according to some of the people
  • A consortium of lenders have been working with law firm Milbank
• OldCastle had around $1.68 billion of revenue in 2025, some $200 million less than a year earlier, while Ebitda plunged to $169 million from $364 million, said other people, who ...