LOS ANGELES, CA, December 22, 2025 – Caltius Structured Capital (“Caltius”) is pleased to announce the closing of a $48.5 million debt and preferred equity investment in Laguna Hills, CA ‐ based American Window Film (“AWF”) in partnership with co‐investor Concentric Investment Partners. The financing was used to refinance existing debt, provide shareholder liquidity, and provide capital for continued growth.
American Window Film is a leading installer of window tinting film for a wide variety of commercial and residential customers, with four product categories including: 1) Solar (window films for heat rejection, glare reduction, and UV protection); 2) Graphics (films for interior offices, logos, signs, and designs for branding, decoration, and privacy); 3) Security (thick window films to prevent shattering and deter forced entry, theft, and protect against disasters, and; 4) Anti‐Graffiti (thick window films to protect from graffiti, etching, and scratching).
Founded in 2009 with the platform acquisition of Solar Art, AWF has since made 23 acquisitions in 17 metro markets and is now the leading commercial window film installer in the U.S.
“The Caltius team worked skillfully and efficiently to provide a customized financing package that met the needs of the company,“ said Matt Darienzo, founder and CEO of American Window Film. “We enjoyed working with Caltius throughout the investment process and look forward to working closely with them to grow in both existing and new markets across the United States.”
“We are thrilled to be working with American Window Film to help them achieve their growth plans,” said Gavin Bates, Managing Director of Caltius. “Throughout diligence, we were impressed by the quality of the company’s management team, their strong market position, and their proven ability to make accretive acquisitions.”