Nelson Mullins Team Assists in Superior Sale

Atlanta partner Rusty Pickering with assistance from Washington, DC, associate Peter Strand and Atlanta associate Brad Burman recently assisted Superior International Industries in its sale to private equity firm Pfingsten Partners, LLC. Financial terms were not disclosed.

Superior is a Carrollton, GA-based diversified manufacturer of recreational products, site solutions and shade products for a variety of end markets including parks, schools, childcare facilities, amusement, hospitality, sports venues, and the military. Products are sold under several brand names including “Playland”, “Grounds For Play” and “WOW” play equipment; “Child Works” playground components; “Litchfield” shelters; “Webcoat” site furniture; “Superior Shade” and “Skyspan” shade products; and, “Ground Plug” anchoring products.
“Superior’s unique position as the industry’s only comprehensive provider of recreational site solutions has enabled the company to grow sales and increase market share,” said Scott A. Finegan, managing director, Pfingsten Partners, L.L.C. “We hope to combine Superior’s innovative products with Pfingsten’s operating and capital resources to accelerate growth both domestically and internationally.”
“Pfingsten’s conservative capital structure enabled us to get a deal done with certainty,” said Ray Derbecker, President and CEO. “The new partnership will allow us to embark on our next stage of growth by immediately expanding our marketing capabilities, accessing new customers, expanding our geographic reach, and continuing further investment in new product innovation.”
For more information regarding Superior, visit www.superiorinternational.com.