Waterfront Brands, a designer and manufacturer of watercraft accessories and a portfolio company of MPE Partners, has acquired Tide Tamer.
Tide Tamer is a manufacturer and distributor of aluminum watercraft lifts, docks and related accessories. The company is located in Snow Hill, N.C. and primarily serves the residential and commercial saltwater markets in the southeastern U.S.
“This combination helps bolster Waterfront’s footprint in the southeast, enhances Waterfront’s existing product offering, and gives Waterfront a new channel to sell through with the addition of Tide Tamer’s Boat Lift Warehouse platform,” says Joe Machado, partner at MPE.
Tree Line Capital Partners, Manulife Investment Management, Northwestern Mutual Capital, and LBC Credit Partners provided financing to support the transaction. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel for MPE Partners. Alcon Partners acted as the investment advisor to Waterfront.