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H.I.G. Capital-backed Homewerks Worldwide completed the acquisition of the shower and specialty plumbing business of Waxman Consumer Products Group.

Synopsis

H.I.G. Capital-backed Homewerks Worldwide, a home improvement innovato, completed the acquisition of the shower and specialty plumbing business of Waxman Consumer Products Group, a distributor in the home improvement and plumbing market. Financial terms were not disclosed. “We are pleased to announce the acquisition of the Shower and Specialty Plumbing business from Waxman. This transaction represents another step forward for our company and enhances our position as a one-stop solution for our plumbing and HVAC retail partners," Peter Berkman, Homewerks Worldwide Founder and CEO.

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