Gazebo Penguin Inc. has been acquired by Champlain Financial Corporation
The shareholders of Gazebo Penguin Inc. have sold the company to Champlain Financial Corporation.
Gazebo Penguin is a private company managed by the second generation of the founding family. The company designs, manufactures and distributes outdoor home improvement products such as gazebos, solaria, recreational features (ice skating rinks) and temporary automobile shelters for driveway use. Some manufacturing is outsourced, while certain flagship products are made by the company domestically. Management has been successful in promoting buyer relationships with North American big box stores and other DIY market customers.
Champlain Financial Corporation, a Canadian private holding company based in Montreal, Quebec, operates a private diversified portfolio with a series of investments throughout Canada and the USA. Champlain’s core focus is to serve as a value-added financial partner in providing equity capital and growth management expertise for small and middle-market companies that are ready to grow locally and abroad by providing equity, funding and management expertise. The firm operates in the residential construction products space via three prior acquisitions that manufacture lawn and garden equipment, door and window hardware, and seasonal products sold through major retailers and construction industry suppliers. Gazebo Penguin’s operations will be integrated with the existing residential building products and home improvement platform companies owned by Champlain Financial Corporation.
Oaklins’ team in Dallas and one of our TMT teams in New York advised the owners of Gazebo Penguin as exclusive sell-side bankers in this transaction.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Reed Phillips
Oaklins DeSilva+Phillips
Related deals
Tri Fire Limited has been acquired by Phenna Group
The shareholders of fire protection safety consultancy Tri Fire Limited have sold the company to testing, inspection, certification and compliance firm Phenna Group.
Learn moreINNOTEX has been acquired by Clearspring Capital Partners
INNOTEX, a manufacturer of personal protective equipment for firefighters and first responders, has completed a strategic partnership with Clearspring Capital Partners.
Learn moreGARAIO has been acquired by Netrics Group
Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.
Learn more