Private equity firms Arsenal Capital Partners and BayPine completed the acquisition of POLYWOOD, a vertically integrated manufacturer of outdoor living products, from Mayfair Capital Partners, a private equity firm. Financial terms were not disclosed. "POLYWOOD's longstanding track record of growth and industry-leading position are a testament to the differentiated business model and brand the team has built over the past three decades. Given its vertical integration and eye toward innovation, the company's ability to serve its retail partners and consumers is unmatched in the market. We are excited to work with Doug and his leadership team to continue building on the business' momentum," George Abd, Arsenal Operating Partner.