![]() ![]() ![]() For more information, please refer to the Charger website at About CMIįounded in 1988 and headquartered in Woodstock, GA, CMI is a leading designer and manufacturer of engineered solutions for shoreline preservation and access, including vinyl, composite and aluminum sheet piling, mineral-plastic composite marine decking, and aluminum docks, bridges and gangways. ![]() The firm’s principals have decades of experience successfully building market-leading companies and utilizing an operationally focused, flexible capital approach that encompasses a variety of transaction types including ownership transitions, corporate carve-outs, and recapitalizations. Massumi + Consoli LLP acted as legal advisor to Charger and Stifel served as the investment banking advisor to CMI.īased in El Segundo, California, Charger Investment Partners is a private equity firm that invests in dynamic small and mid-sized companies primarily in the industrial, services, and consumer industries that can benefit from Charger’s partnership and value enhancement expertise. We share management’s vision of the future and look forward to supporting the next phase of the company’s growth." "CMI has an impressive history of leadership within its industry and we admire their focus on sustainability of marine environments. "We are thrilled to partner with Doug and the entire CMI team," said Aaron Perlmutter, co-founder and partner at Charger. We are extremely excited to partner with Charger and leverage their expertise, operational insights and partnership philosophy to accelerate growth and continue our track-record of success." ![]() Our customer-centric approach provides engineered solutions at a lower total cost of ownership using alternative and sustainable materials. "CMI has a long history of innovation, quality and customer service, having pioneered the recycled vinyl sheet piling industry to provide our customers with protection and access solutions. "Charger is the perfect partner to continue driving growth and innovation at CMI," commented CMI CEO Doug Zacharias. The company’s customers include distributors, contractors, owners, engineers, municipal and other governmental institutions. CMI’s products are marketed under industry-leading brands, including: ShoreGuard®, UltraComposite®, AlumiGuard™, TimberGuard®, Lumberock®, GatorDock® and GatorBridge®, and are used in applications such as seawalls, flood-levee protection, cut-off & containment, soil stabilization, and marine access. Financial terms of the transaction were not disclosed.įounded in 1988 and headquartered in Woodstock, GA, CMI provides sustainable solutions for protection and accessibility of a wide variety of marine and commercial environments through three distinct market segments: recycled and sustainable synthetic sheet piling, marine-grade decking and aluminum access products. LOS ANGELES, January 17, 2023-( BUSINESS WIRE)-Charger Investment Partners ("Charger") announced today it has partnered with management to complete the acquisition of CMI Limited Co., LLC ("CMI"), a leading designer and manufacturer of innovative, engineered products for shoreline preservation and marine access. ![]()
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