Charger Investment Partners Announces Acquisition of Wolf-Gordon
May 02 2024 - 2:00PM
Business Wire
Charger Investment Partners (“Charger”) announced today that it
has partnered with management to complete the acquisition of
Wolf-Gordon Inc. (“Wolf-Gordon” or the “Company”), a leading
designer, marketer, and supplier of premium interior surface
products for a wide range of end markets including hospitality,
healthcare, education, corporate, restaurants and retail.
Headquartered in New York City, Wolf-Gordon offers an extensive
product line including commercial, PVC-free, and natural
wallcoverings, RAMPART® wall protection, upholstery textiles,
Scuffmaster® paint, and GATHER® Acoustical solutions.
Since its founding nearly 60 years ago, Wolf-Gordon has been
committed to serving as a critical partner to the commercial
interior design industry with an expansive portfolio of innovative
offerings, excellent service levels, and a commitment to
sustainability. Today, Wolf-Gordon is widely recognized as a
premier design partner in the interior surfaces sector, most
recently winning the “Best of NeoCON Gold Award” in 2023 for its
GATHER Acoustical line.
“We are thrilled to forge this partnership with Charger,” said
Rick Wolf, President of Wolf-Gordon. “Charger shares our vision for
the future and brings the resources and experiences that we are
looking for to continue to serve our customers. We look forward to
leveraging Charger’s expertise and operational insights to grow our
legacy and propel Wolf-Gordon for years to come.”
Kimberly Pollack, Co-Founder and Partner at Charger, commented
“We are proud to partner with Rick and the Wolf-Gordon management
team. The Company’s long-term track record and loyal customer base
is a testament to its market leading position in the wallcovering
and interior surfaces sector. We are excited to work closely with
the team to support the Company’s growth.”
Karen Parks, Managing Director at Charger, added “This
investment illustrates Charger’s focus on partnering with talented
management teams and investing in market leading businesses. We
believe strongly in Wolf-Gordon’s growth potential and very much
look forward to working with Rick and the team.”
Terms of the transaction were not disclosed. Massumi + Consoli
LLP served as legal advisor and BlackArch Partners acted as an
advisor to Charger.
About Charger Investment Partners
Based in El Segundo, California, Charger Investment Partners is
a private equity firm that invests in dynamic mid-sized companies
primarily in the industrial, services, and consumer industries that
can benefit from Charger’s partnership and value enhancement
expertise. The firm’s principals have decades of experience
successfully building market-leading companies and utilizing an
operationally focused, flexible capital approach that encompasses a
variety of transaction types including ownership transitions,
corporate carve-outs, and recapitalizations. For more information,
please refer to the Charger website at
https://www.chargerinv.com/.
About Wolf-Gordon
Wolf-Gordon is an American design company dedicated to inspiring
the creation of outstanding interiors. Founded in 1967 as a
commercial wallcovering resource, the high performing product line
has expanded to include PVC-free and natural wallcoverings,
RAMPART® wall protection, upholstery textiles, Scuffmaster® paint,
Wink® dry-erase surfaces, digitally printed materials, and now,
GATHER® Acoustical. The Company develops products that are
provocative and of our time and regularly collaborates with leading
international designers to bring fresh perspectives to A&D
clients nationally. Wolf-Gordon, with account executives based in
all major markets in the United States, focuses on the aesthetic,
technical and sustainability issues that are essential to being a
trusted supplier to the commercial design industry.
http://www.wolfgordon.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240502588875/en/
Paul Wolf Managing Director, Charger (310) 372-5525
pjw@chargerinv.com