Polder Housewares, a designer, marketer and distributor of branded housewares products across the kitchen storage and food prep, home organisation, and laundry categories, announced that it has been acquired by Topspin Partners.
According to the announcement, Polder's management team will remain with the company, led by CEO Calvin Scott. Sales director Nick Gabb also continues to manage UK operations.

Mr Scott stated: "Polder has experienced 10 years of uninterrupted growth, and we were looking for a strategic partner to help us continue to grow and take the company to the next level. Topspin's expertise in helping to foster the growth of niche consumer brands makes it the perfect partner for Polder, and we are very excited about our future."

Topspin Partners managing partner Stephen Lebowitz said: "We are impressed with the growth that Polder has achieved to date, as well as its track record of developing exclusive and innovative housewares products. We look forward to partnering with and supporting the management team as they continue to scale the business and grow the company's brand, and plan to actively seek acquisition opportunities to accelerate Polder's growth."

Polder was established in New York in 1976. Topspin Partners is a suburban NY-based private equity fund that makes control investments in profitable and established lower middle-market businesses. The firm invests across a number of industries, including health and wellness, niche consumer, food and beverage, business services and security.