Gazebo Penguin Inc. has been acquired by Champlain Financial Corporation
July 2021 — 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.
Our role in the transaction
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
JP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreRustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Learn moreDe Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn more