Bluff Manufacturing Acquired by Wincove Private Holdings
Bluff Manufacturing announced that the company has been acquired by Wincove Private Holdings, LP, a holding company with a permanent equity capitalization and management.
Wincove creates long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs and management teams to build market-leading companies. With offices in Boston and New York, Wincove has a permanent capital base, and can therefore stay invested in its partner companies for an unlimited time horizon.
Bluff's management team and Wincove plan to build on Bluff's leadership position in the material handling market and to continue to provide dealers with the same great service, quality products, and fast, on-time delivery they have experienced over the last 45 years of the company's operations.
"We are very pleased about our partnership with the Wincove team who has a history of facilitating the growth of companies, resulting in substantial value creation. Everyone at Bluff is excited by the opportunities that will be presented through this partnership," states Andrea Curreri, president of Bluff Manufacturing.
"Bluff has a long, successful history and customers recognize Bluff products as unmatched," said John Lenahan, Partner of Wincove. "We are very excited to partner with Andrea Curreri and the rest of the Bluff team to continue to build this exceptional business, both organically and through acquisition."