Saw Mill Capital Partners has acquired Wolf-Gordon, a distributor of wallcoverings and other interior building products.
Wolf-Gordon sells to the hospitality, commercial office, retail, healthcare, and education sectors, and has sales representatives based in all major markets in the United States. Products include wallcoverings, upholstery and drapery textiles, specialty paints and dry-erase coatings. Wolf-Gordon was founded in 1967 and is headquartered in Long Island City, NY (www.wolfgordon.com).
“I am confident that this relationship will lead our business to new heights,” said Rick Wolf, President of Wolf-Gordon. “Having interacted significantly with their team, I have seen that Saw Mill is aligned with Wolf-Gordon’s values, and with our short- and long-term vision. I believe that this is the right partner that will help bring us into our next phases of growth.”
Partner Scott Rivard, vice president Scott VandeKerkhoff, and associate Christopher Wells worked on the transaction for Saw Mill. “Wolf-Gordon is one of the most recognized brands in commercial wallcoverings and has successfully expanded into new products and markets,” said Mr. Rivard. “We are excited to partner with Rick Wolf and his team to grow the business and support Wolf-Gordon’s commitment to design leadership and service to its customers.”
Saw Mill Capital invests in manufacturing and service companies with enterprise values of $25 million to $200 million. Platform investments typically have at least $5 million of EBITDA and revenues of $40 million to $150 million. The firm is headquartered north of New York City in Briarcliff Manor (www.sawmillcapital.com).
© 2016 PEPD • Private Equity’s Leading News Magazine • 1-28-16