CCMP Growth Advisors Invests Alongside Management in Decks & Docks

Decks & Docks, the largest specialty distributor of marine construction and outdoor living supplies in the Eastern United States, is set to embark on a new chapter of growth with the support of CCMP Growth Advisors. The partnership will see CEO Shawn Roberts and President Tyler Wallace, along with CCMP Growth, acquire the company, enabling the management team to execute their growth plan. With a strong reputation for technical expertise and excellent customer service, Decks & Docks is poised to expand further under this new collaboration.

Headquartered in Clearwater, FL, Decks & Docks has been a trusted provider of composite decking, shoreline protection products, and related accessories since 1991. Its extensive portfolio boasts over 15,000 SKUs, catering to a diverse customer base of marine and outdoor-living contractors. The company has achieved impressive growth since its acquisition in 2005, expanding from one location to 34 across 11 states through a combination of new unit openings and strategic acquisitions.

CCMP Growth, a New York-based growth-oriented private equity firm, is the ideal partner for Decks & Docks due to its expertise in scaling multi-site platforms. With a focus on the consumer and industrial sectors, CCMP Growth is well-positioned to help Decks & Docks capitalize on the attractive outdoor living-focused market and favorable consumer spending trends. The partnership aims to drive growth through organic initiatives at existing sites, new unit openings, and strategic acquisitions.

Joe Scharfenberger, Co-Managing Partner of CCMP Growth, expressed excitement about the partnership, stating that Decks & Docks aligns perfectly with CCMP Growth's investment strategy. The company's leading position in the outdoor living-focused market, combined with strong growth potential, makes it an ideal candidate for partnership. Scharfenberger looks forward to working with Shawn Roberts, Tyler Wallace, and the exceptional team at Decks & Docks to further expand the company's presence and success.

Shawn Roberts, CEO of Decks & Docks, emphasized the company's commitment to delivering the best products, technical expertise, speed, reliability, and convenience to its customers. With CCMP Growth's extensive experience in growing similar businesses, Roberts is confident that they are the right partner to help Decks & Docks achieve its growth plan.

Tyler Wallace, President of Decks & Docks, echoed Roberts' sentiments and expressed pride in the company's growth over the years. Wallace credited the dedication of the employees for the company's success and looks forward to partnering with CCMP Growth to explore new opportunities and provide even more value to customers.

The financial terms of the transaction remain undisclosed. Financial advisor Raymond James and legal advisor Morgan Lewis & Bockius LLP represented Decks & Docks, while financial advisor Baird and legal advisor Ropes & Gray LLP represented CCMP Growth.

About CCMP Growth Advisors, LP:

CCMP Growth Advisors, LP is a New York-based growth-oriented private equity firm focusing on lead buyout and growth equity investments in middle-market companies in the Consumer and Industrial sectors in North America. With a team experienced in identifying high-growth companies in transition, CCMP Growth partners with management to provide strategic and operational support for scalable platforms. For more information, please visit www.ccmpgrowth.com.

About Decks & Docks:

Decks & Docks is the largest specialty distributor of marine construction and outdoor living supplies in the Eastern United States. Founded in 1991 and headquartered in Clearwater, FL, the company serves contractor customers through a network of 34 facilities across 11 states. Offering a comprehensive suite of difficult-to-find items and rapid delivery, Decks & Docks has earned a reputation for fantastic service, great value, and reliability.