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Walpole Outdoors, an Argosy Private Equity Portfolio Company, Acquires Finyl Sales, Inc.
On August 31, 2023, Walpole Outdoors (“Walpole”), an Argosy portfolio company, acquired Finyl Sales, Inc. (“Finyl Sales” or the “Company”).
Based in Ocala, Florida and founded in 1996, Finyl Sales is a manufacturer of cellular PVC exterior trim products. Finyl Sales services the construction industry in the southeastern region and is a dealer and a fabrication facility for exterior products, working with architects, general contractors, and homeowners.
For 90 years, Walpole Outdoors has been designing and constructing beautiful outdoor structures that have enhanced and defined countless outdoor spaces. Headquartered in Foxborough, Massachusetts, Walpole is a premiere manufacturer, direct-to-consumer marketer, and installer of high-end outdoor products. Walpole’s product portfolio is composed of four primary product categories: high-end fencing and gates, mailboxes and lantern posts, outdoor structures including pergolas, arbors, and accessories. In addition, Walpole offers delivery and installation services.
The acquisition of Finyl Sales is expected to enhance the growth of Walpole by continuing to expand its presence in Florida. The Company’s expertise in architectural millwork and exterior fabrications will complement Walpole’s existing products and capabilities. Additionally, the acquisition will support Walpole in its commitment to superior customer service and technical custom work.
“We are thrilled about the combination of Walpole and Finyl Sales. The partnership will help expand the market opportunities for both companies while giving us a great hub-spoke distribution location for our product shipped from Walpole’s Maine production center.” said Don Charlton, Partner, Argosy Private Equity.
Integration is already underway. The Walpole and Finyl Sales management teams, along with Argosy, are actively working on executing Argosy’s Value Acceleration Methodology (VAM™) acquisition playbook to help integrate the operations, realize synergies between the companies, and continue to grow the combined company.
For more information, please contact Don Charlton at dcharlton@argosycapital.com.