Sky Island Carves Scranton Products from AZEK
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Sky Island Carves Scranton Products from AZEK

The buy of Scranton Products is Sky Island’s third platform investment for its second fund

Scranton Products is a manufacturer of high-density polyethylene (HDPE) bathroom partitions and lockers used in commercial, institutional, and recreational applications for schools, offices, fitness centers, hospitals, and transportation hubs.

SOURCE: Scranton Products

Sky Island Capital has acquired Scranton Products, a manufacturer of high-density polyethylene (HDPE) bathroom partitions and lockers, from The AZEK Company.

Scranton’s products are used in commercial, institutional, and recreational applications for schools, offices, fitness centers, hospitals, and transportation hubs. Many of the company’s customers include architects, contractors, and facilities managers across the education, government, healthcare, and hospitality sectors.

Source: Scranton Products

Scranton’s more than 200 SKUs of products are sold under company-owned brand names including Hiny Hiders, Tufftec Lockers, Resistall, Duralife Lockers, and Eclipse Partitions through a combination of a direct sales staff and a diversified dealer and representative network covering the U.S. and Canada.

Today, Scranton Products is led by CEO Rob Donlon and is headquartered in Scranton, Pennsylvania, where it operates a 300,000-square-foot manufacturing facility.

Scranton Products originated in 1978 as Santana Products, which introduced the first HDPE toilet partition as a durable alternative to metal and wood in high-moisture, high-traffic, and vandalism-prone environments. In 2003, family-owned Comtec Industries acquired Santana’s competitor Capitol Partitions, followed by its acquisition of Santana Products in April 2006. The combined operations were later unified under the Scranton Products brand.

The AZEK Company (NYSE: AZEK) is a designer and manufacturer of outdoor living products including TimberTech composite decking and railing, AZEK and Versatex polymer trim and mouldings, StruXure pergolas, and other outdoor and exterior building materials. AZEK is headquartered in Chicago.

AZEK was founded as CPG International by AEA Investors in 2005 as a consolidation platform for building products companies, including Vycom Plastics, Santana Products, and AZEK Building Products. In 2013, AEA exited the platform through a sale to Ares Management and the Ontario Teachers’ Pension Plan. The company rebranded as The AZEK Company in 2018 and completed a $765 million initial public offering in 2020.

In May 2025, AZEK estimated that Scranton Products would have full-year sales of $68 million to $71 million, and an Adjusted EBITDA in the range of $11 million to $13 million, for an Adjusted EBITDA margin of 16% to 18%.

“We are thrilled to partner with the Sky Island team,” said Mr. Donlon. “Their manufacturing background and long term investment philosophy align with our culture and strategic vision. We’re excited to be a platform investment and look forward to pursuing our shared strategic goals.”

Source: Scranton Products

“Today marks an exciting new chapter for the Scranton Products team,” said Jonathan Skelly, the president of AZEK’s residential and commercial divisions. “We believe Sky Island brings the vision and focus needed to accelerate Scranton Products’ growth and success in the commercial space. With a legacy dating back to 1978, Scranton Products has long been a market leader in high-quality HDPE plastic solutions. We are deeply grateful for their contributions to our business and confident they will continue to lead the industry in durable bathroom partitions and lockers.”

“Scranton Products and its brands are synonymous with plastic partitions and lockers and have helped define the category through decades of innovation and thought leadership,” said Michael Marsh, a principal at Sky Island. “We believe the leadership team has an exceptional track record growing the Company’s install base and product offering, all while continuing to prioritize customer needs. We are excited to partner with the team to continue this legacy as the company takes on this new chapter.”

Sky Island Capital invests from $10 million to $50 million of equity in North America-based manufacturing companies that have revenue of $10 million to $200 million and EBITDA of $5 million to $15 million. Sectors of interest include aerospace and defense; auto and transportation; building products; consumer products; food and beverage; industrial products; metals; packaging; and specialty chemicals. To date, Sky Island has invested in 18 manufacturing businesses since its founding in 2018.

This acquisition of Scranton is Sky Island’s third platform investment from its second fund, Sky Island Capital II LP, which closed in January 2025 with $300 million of capital. The two earlier buys were Pacific Paper Tube, a California-based manufacturer of paper tubes and cores used in the industrial, construction, and packaging sectors, in July 2024; and Farmdale Creamery, a California-based maker of yogurt, buttermilk, cheese, and multiple sour cream varieties, serving retail and foodservice markets across the U.S. and Canada, in August 2024.

William Blair & Company was the financial advisor to The AZEK Company on this transaction.

© 2025 Private Equity Professional | June 26, 2025

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