CCMP Growth Advisors to acquire Decks & Docks.

CCMP Growth Advisors, a private equity firm, Shawn Roberts and Tyler Wallace, Decks' CEO and President, agreed to acquire Decks & Docks, a specialty distributor of marine construction and outdoor living supplies. Financial terms were not disclosed. “Decks & Docks is exactly the type of business with which CCMP Growth seeks to partner, with its leading position in the attractive outdoor living-focused market, strong secular tailwinds from favorable consumer spending trends and a growth strategy that aligns with our expertise in scaling multi-site platforms. We look forward to supporting Shawn, Tyler and the exceptional team at Decks & Docks as we work together to continue the Company’s growth strategy of expanding through organic initiatives at existing sites, new unit openings and strategic acquisitions,” Joe Scharfenberger, CCMP Growth Co-Managing Partner.