OXFORD, CT, January 13th, 2016 – Polder Housewares, a leading designer, marketer and distributor of branded, innovative housewares products in the kitchen storage and food prep, home organization, and laundry categories, announced Tuesday that it has been acquired by Topspin Partners.
Polder’s management team will remain with the company, led by CEO Calvin Scott, who has over 30 years of experience and longstanding relationships in the housewares industry. Scott stated, “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 are very excited about our future.”
“We are impressed with the growth that Polder has achieved to date, as well as its track record of developing exclusive and innovative housewares products,” said Stephen Lebowitz, Managing Partner at Topspin. “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.”
About Polder:
pol•der (Dutch) noun: colloq. \something to build on\
From its Dutch origin, the word 'polder' refers to a plot of land reclaimed from the sea. Polder® the company was established in New York in 1976, using the everyday meaning of this word, “something to build on,” as its mantra. The company offers consumers an ever-growing assortment of innovative home goods, from thermometers, timers and kitchen scales to laundry, kitchen and bath storage products.
For the past 40 years, Polder® has been building on its reputation as a leading brand, supplying consumers with products that make daily tasks easier while offering quality, value and elegant design. At Polder®, life meets style. For additional information, visit www.polder.com.
About Topspin:
Topspin Partners is a suburban NY-based private equity fund that makes control 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. The Topspin team has considerable operational expertise and collaborates with management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspinpartners.com.