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April 1, 2024
Nelson Mullins Represents POLYWOOD in Acquisition by Arsenal Capital Partners and BayPine
Nelson Mullins represented Poly-Wood, LLC (POLYWOOD) in its recent acquisition by private equity and investment firms Arsenal Capital Partners and BayPine LP. The transaction was announced on March 25. The buyers purchased POLYWOOD from affiliated investment funds of Oxford Financial Group, Ltd.
The Nelson Mullins team was led by partners Katelyn Fredericks and Michael Hollingsworth.
POLYWOOD manufactures outdoor furniture using recycled, high-density polyethylene (HDPE). This durable plastic requires minimal maintenance and has infinite recyclability. The fast-growing brand created, and leads, the HDPE outdoor living products market.
Doug Rassi, POLYWOOD CEO, expressed enthusiasm about the acquisition, highlighting the potential it offers for advancing the company’s unique manufacturing process and expanding the brand’s digital capabilities.
Click here to read the full press release. Investor Group Led by Arsenal, in Partnership with BayPine, Acquires POLYWOOD (prnewswire.com)
Established in 1897, Nelson Mullins is a full-service Am Law 100 firm of more than 1,000 attorneys, policy advisors, and professionals with offices across the United States. For more information, go to www.nelsonmullins.com.
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Media Contact
Caroline Balchunas
T 843.534.4121
caroline.balchunas@nelsonmullins.com
These materials have been prepared for informational purposes only and are not legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Internet subscribers and online readers should not act upon this information without seeking professional counsel.
