NEW HAVEN, Conn., Oct. 15, 2019 (GLOBE NEWSWIRE) -- Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Home & Leisure by Tangent Technologies.

Home & Leisure, headquartered near Toronto, is a vertically-integrated extruder, fabricator, and assembler of plastic lumber furniture focused on the mass market casual furniture industry.

Tangent Technologies, is a leading manufacturer of high-density polyethylene ("HDPE") lumber used for outdoor furniture, site amenities, structural applications, and marine decking.Tangent is a portfolio holding of parent company Sterling Group, a Houston, Texas-based middle-market private equity firm.

"We are excited to partner with Tangent to expand production capacity and tap into their extrusion and base material expertise," said Doug Holmstead, founder of Home & Leisure.

Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies. Currently, Sterling has over $2.0 billion of assets under management.

Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.

Contact:
Don Krier
Managing Director/Partner
dkrier@woodbridgegrp.com  
203-389-8400 ext. 201

 

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.