Rainier Holding Company Announces Rebranding of Shade Division
NASHVILLE, TN – May 15, 2024 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today that portfolio company Rainier Industries (“Rainier”) has completed the rebrand of its shade division to Eclipse Outdoor (“Eclipse Outdoor” or “the Company”).
Eclipse Outdoor is a leading manufacturer of residential and commercial shade products, including power screens and retractable awnings, which are sold through a nationwide dealer network. The Company is headquartered in Middletown, NY with an additional manufacturing facility in Statesville, North Carolina. Rainier, an LFM portfolio company since October 2021, acquired Eclipse Awning Systems, LLC and its affiliates (“Eclipse”) in August 2022. The acquisition expanded the East Coast footprint of the shade division and combined two leading brands in the domestic screen and awning business.
Eclipse CEO John Dearden commented, “We are pleased to announce the completion of the integration of the Eclipse Shading and Rainier Shading businesses under the new Eclipse Outdoor umbrella. This combination enables us to take a more collaborative approach to product segmentation while continuing to uphold our customer service commitment to both legacy dealer groups.”
LFM Operating Partner Ken Hoefling added, “We continue to see strong interest among homeowners to maximize their outdoor spaces, and Eclipse Outdoor’s high quality, luxury shade products present an optimal solution. We look forward to continuing to partner with the Eclipse Outdoor team to expand the business.”
About LFM Capital
LFM Capital is a private equity firm based in Nashville, Tennessee. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million. The firm’s mission is to partner with portfolio company management to develop and build world-class operations through a combination of manufacturing and operations excellence and targeted growth and expansion strategies. For additional information, please visit www.lfmcapital.com.
About Eclipse Outdoor
Eclipse Outdoor offers a variety of outdoor shading products including power screens, retractable awnings, and other shading products under the Eclipse Shading, Rainier Shading, Sunstopper Shade, DIY Window Awnings and ScreenShot Golf brands. These products are sold nationwide through independently owned and operated dealers. The Company is based in Middletown, New York with an additional manufacturing facility in Statesville, North Carolina. For more information, please visit https://eclipseoutdoor.com/.