Woodbridge Closes Sale of Iron Stop to Woodstream
November 14, 2011
New Haven, Connecticut – November 14, 2011 – Woodbridge is pleased to announce the sale of its client Iron Stop, Inc. to the Woodstream Corporation, a portfolio company of Brockway Moran & Partners.
Iron Stop is a Denton, Texas-based manufacturer of innovative home and garden decor for retail market in North America and overseas. Iron Stop’s original copyrighted designs include spinners, crystal twisters, hooks, motors, ornaments, tails and point-of-sale merchandise displays.
Headquartered in Lititz, Pennsylvania, Woodstream Corporation is a global manufacturer and marketer of rodent control products, caring control products for pets and wildlife, natural solutions for home and garden, wild bird feeding products, and garden decor.
In its announcement of the acquisition, Woodstream said “We are thrilled to be able to offer Iron Stop’s U.S.-manufactured and high-quality wind spinners, the original wind spinner, as part of the Woodstream offering.” Iron Stop’s product offering will be integrated into Woodstream’s existing product portfolio and distributed through the company’s global distribution facilities.
“Iron stop is a classic entrepreneurial business that grew fast and needed more resources and infrastructure to continue growing and to fully exploit the product line’s potential,” said Tex Sekhon, Woodbridge’s Senior M&A Advisor who managed the transaction.
Brockway Moran & Partners is a private equity firm with more than $1.3 billion of capital under management based in Boca Raton, Florida. Since 1998, Brockway Moran & Partners has completed over 50 acquisitions.
Woodbridge is an international, marketing-driven M&A firm headquartered in New Haven, CT. The firm serves clients from its 10 North American offices and locations in the Netherlands, Mexico, Argentina, Brazil and Honduras.