Polder Housewares, a designer, marketer and distributor of housewares products in the kitchen storage and food prep, home organization and laundry categories, has been acquired by Topspin Partners, a private equity fund.
Polder’s management team will remain with the company, led by CEO Calvin Scott. Scott stated, “Polder has experienced 10 years of uninterrupted growth, and we were looking for a strategic partner to help us continue to grow and take the company to the next level. Topspin’s expertise in helping to foster the growth of niche consumer brands makes it the perfect partner for Polder, and we are very excited about our future.”
“We are impressed with the growth that Polder has achieved to date, as well as its track record of developing exclusive and innovative housewares products,” said Stephen Lebowitz, managing partner of Topspin. “We look forward to partnering with and supporting the management team as they continue to scale the business and grow the company’s brand, and plan to actively seek acquisition opportunities to accelerate Polder’s growth.”