Willkie represented Tenex in the transaction.
On September 10, Tenex Capital Management announced that, in partnership with management, it has invested in Wolf Home Products, a provider of kitchen and bath, outdoor living and building products.
Wolf currently sells its branded home products through a large and diverse base of 3,500+ independent dealers nationally and in Canada, making it one of the largest suppliers of kitchen and bath cabinetry in the nation, as well as an emerging leader in the supply of outdoor living and building products. Founded in 1843, Wolf started as a single store selling dry goods and lumber in Pennsylvania, before expanding its lumber operation into a sourcing organization, offering kitchen, bath, and building products to multiple channels in the building industry.
Tenex Capital Management is a private equity firm that invests in lower and middle-market companies. Tenex uses an in-house team of hybrid investment professionals skilled in operational leadership, investing and capital markets structuring to maximize long-term value creation. Tenex has successfully invested in a diverse range of industries, including industrials, manufacturing, automotive aftermarket, and health and business services.
The Willkie team was led by partner Matthew Rizzo and included partners Geri Ann McEvoy and Hillel Jacobson, and associates Eric Halperin and Frances Dales.