Bounds Equity Partners acquires Glassworks

Bounds Equity Partners, a Highland Park, Ill., private equity firm, has acquired the assets of Glassworks LLC and Arcadia Residential Inc. through a newly formed entity, Illinois Glassworks LLC. Illinois Glassworks, based in Glenview, Ill., is a fabricator and installer of shower doors, mirrors, table glass, windows and patio doors, according to a BEP release.