Gridiron Capital has made an undisclosed investment in Hudson, Ohio-based LeafFilter, a maker of gutter guards. No financial terms were disclosed.
New Canaan, CT, May 1, 2017 – Gridiron Capital, LLC is pleased to announce an investment in LeafFilter™ (or “the Company”), the leading provider of gutter protection solutions to residential homeowners in North America. Headquartered in Hudson, OH, LeafFilter™ has been rated the #1 professionally installed gutter protection system on the market. LeafFilter™’s system protects homes from the damages of clogged gutters, including foundation damage, structural issues, and other water-related problems.
LeafFilter™’s gutter guards have been scientifically designed to create optimal gutter protection for residential homes. The Company designs, sells, ships, installs, services, and warranties the product directly to the consumer, through its captive field office network. LeafFilter™ also offers a lifetime, transferrable warranty, adding resale value for future home sales. The Company has developed a powerful sales & marketing platform to drive growth and demand for its top-rated, patented gutter protection solutions.
Matt Kaulig, Owner & President of LeafFilter™ stated, “We are extremely proud of the Company we have built over the past 12 years and are excited to partner with Gridiron Capital as we enter our next phase of growth. Our team was eager to work with Gridiron Capital who shares our entrepreneurial and performance driven culture and has significant experience partnering with founder-owned businesses. Gridiron Capital’s strategic, marketing and operational expertise will be instrumental to accelerating our growth and allowing us to provide more to our satisfied customers. We’ve already experienced significant growth since partnering with Gridiron Capital in September 2016. It’s proving to be a tremendous relationship.”
Tom Burger, Managing Partner of Gridiron Capital stated, “Having significant experience with our own family-owned businesses, we are impressed by the strong foundation Matt has built with LeafFilter™. The hard work and dedication of him and his team mirror the same values and culture we have at Gridiron Capital. We are looking forward to helping to build and grow an already outstanding company.”
Joe Saldutti, Managing Director at Gridiron Capital, added, “We were able to work collaboratively with Matt and his team prior to the investment to map out a clear growth strategy and plan for the resources needed to scale the company. We’re excited to have the opportunity to partner with the LeafFilter™ team as they continue to build and expand their business.”
Headquartered in Hudson, OH, LeafFilter™ is the leading gutter protection company in North America. The Company is the sole manufacturer, seller, and installer of LeafFilter™’s patented and branded gutter guards, providing customer support throughout the entire sales and installation process. LeafFilter™ currently serves regions in 34 states through 36 office locations across the United States and Canada and has installed over 27 million feet of gutter protection product to date. Learn more about LeafFilter™ and its solutions at http://www.leaffilter.com.
About Gridiron Capital:
Gridiron Capital, LLC, headquartered in New Canaan, Connecticut, is a private equity firm focused on creating value by acquiring and building middle-market manufacturing, service and specialty consumer companies in the United States and Canada. Gridiron Capital’s principals work closely with management teams to develop strategies for portfolio companies, as well as providing resources to execute business plans and build industry-leading companies. Additional information is available on the firm’s website at www.gridironcapital.com.