Polder Housewares, a distributor of products in the kitchen storage, food prep, home organisation and laundry categories, has been acquired by Topspin Partners.
Polder’s management team will remain with the company, led by ceo Calvin Scott. Polder Housewares sales director Nick Gabb continues to manage UK operations.
Calvin Scott said: “Polder has experienced 10 years of uninterrupted growth, and we were looking for a strategic partner to help us continue to grow and take the company to the next level. Topspin’s expertise in helping to foster the growth of niche consumer brands makes it the perfect partner for Polder, and we’re very excited about our future.”
Stephen Lebowitz, managing partner at Topspin, commented: “We’re impressed with the growth that Polder has achieved to date, as well as its track record of developing exclusive and innovative housewares products. We look forward to partnering with and supporting the management team as they continue to scale the business and grow the company’s brand, and plan to actively seek acquisition opportunities to accelerate Polder’s growth.”
Topspin Partners is a New York-based private equity fund that makes investments in profitable and established lower middle-market businesses. The firm invests across a number of industries, including health and wellness, niche consumer, food and beverage, business services and security.