NEW YORK, May 26, 2015 (GLOBE NEWSWIRE) -- Centre Lane Partners, LLC (“Centre Lane”), a New York-based private investment firm, announced that it has acquired Easy Gardener Products Inc. (“Easy Gardener”), a leading Lawn & Garden products company.
Easy Gardener distributes over 1000 SKUs through a network of over 50 Lawn and Garden retail partners in 25 different countries. The company distributes a wide array of products in the fertilizer, chemical-free weed control, and consumer shade categories. Easy Gardener’s portfolio of brands, including Jobe’s, Weedblock, Landmaster, Sunscreen, and Ross are among the most recognized in the Lawn & Garden industry. Easy Gardener is also known for new product innovation and award-winning merchandising and packaging solutions.
“Centre Lane is thrilled to bring Easy Gardner into its portfolio of businesses,” said Nathan Richey, a Managing Director at Centre Lane Partners. “The Easy Gardener team has done an outstanding job building the company into a market-leading supplier of Lawn & Garden products. Consumers value Easy Gardener’s products as they deliver ‘Great Results, with Less Work’. We are excited about supporting the company in its next phase of growth.”
“With deep expertise in consumer products and the Lawn & Garden industry, we are excited to have the support of Centre Lane to accelerate our growth. We look forward to utilizing our collective capabilities to further advance our product development and go to market strategies while continuing to provide top of class products and services to our customers,” commented David Jackson, CEO of Easy Gardner.
About Centre Lane Partners, LLC
Centre Lane is a private investment firm focused on making debt and equity, control and non-control, investments in North American middle market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. It seeks to invest $5 to $50 million per transaction. Industries targeted for investment are broad and diverse. Please visit www.centrelanepartners.com for further information.