Liberty Partners Sells Component Hardware to Windjammer Capital Investors

Windjammer Capital Investors said Thursday that it has acquired Component Hardware from Liberty Partners. No financial terms were disclosed. Headquartered in Lakewood, NJ, Component Hardware is a provider of plumbing and hardware products.

PRESS RELEASE

Lakewood, NJ – July 11, 2013 – Windjammer Capital Investors, a national private investment firm, has acquired Component Hardware, a leading supplier of hardware components and plumbing products for the foodservice industry and other specialized equipment markets. Windjammer partnered with management to acquire the business from Liberty Partners. Terms of the transaction were not disclosed.
Senior management will continue with the company. “With the growth and customer expansion we have achieved over the past couple years, Windjammer is exactly the type of partner we were searching for to help take us to the next level,” said Harry Franze, CEO of Company Hardware. “The resources that Windjammer provides, its access to capital markets, and its track record of working with management teams will definitely help us execute our plan for accelerated growth.”
Component Hardware is headquartered in Lakewood, New Jersey, with additional facilities located in the Netherlands, Taiwan and China. The Company services original equipment manufacturers in diverse markets including foodservice and other specification driven industries as well as foodservice equipment dealers, and service agencies. By offering industry leading service levels, unparalleled engineering support, and a product line of over 10,000 SKUs, Component Hardware has become a key strategic partner to its customers by driving design innovation and providing turnkey supply chain management solutions.
“Component Hardware provides significant value to its customers and we are excited to partner with management to support the company’s growth initiatives, which include both domestic and international organic opportunities, as well as strategic acquisitions”, said Greg Bondick, Managing Director at Windjammer, who led the transaction for the firm.
For more information about Component Hardware, please visit http://www.componenthardware.com/.
About Windjammer Capital Investors
Windjammer Capital Investors, with offices in Newport Beach, California and Waltham, Massachusetts, is a national private investment firm that makes control and non-control investments in leading middle market businesses in partnership with management. Founded in 1990, Windjammer’s institutional funds total roughly $2.0 billion of capital. In its history, Windjammer has closed on portfolio company investments with an aggregate value of approximately $5 billion.
About Component Hardware Group
Component Hardware Group is a leading designer, manufacturer and distributor of premium plumbing and hardware products. The company creates innovative solutions that serve the foodservice, institutional, healthcare and commercial markets in the following brand divisions: Flame Gard® Filters & UL-Fire Rated Access Doors, Keil® Refrigeration Hardware, Encore® Premium Plumbing, SANIGUARD® product protection, Regal Ride™ casters and TOP-LINE™ economy plumbing. Component Hardware has provided excellence in the plumbing and hardware industry for more than 30 years and, today, remains steadfastly committed toquality, service and innovation. For more information, please visit http://www.componenthardware.com, www.chgeurope.com, http://www.flamegard.com, www.encoreplumbing.com, and www.keilhardware.com.