Business Services, Consumer & Retail | Mergers & Acquisitions, Sponsor Related

Backyard Discovery Acquired by Aterian

  • TM Capital served as exclusive financial advisor to Backyard Leisure Holdings, LLC (“Backyard Discovery”), a leading supplier of residential backyard products and related “final mile” installation services, in its sale to Aterian Investment Partners, a New York-based private equity firm
  • Backyard Discovery, a Baird Capital portfolio company, is the #1 supplier in North America of residential playsets and a leading resource in the playhouse and wooden shed markets; the Company owns several highly visible brands in the backyard category including: Backyard Discovery™, Backyard Odyssey™, Backyard Adventures™, Leisure Time Products™, Sheds USA® and GoConfigure®
  • The Company’s products – which are sold both in-store and online through big box and specialty retail channels such as Walmart, Sam’s Club, The Home Depot and Dick’s Sporting Goods – have earned market leading positions on the strength of a 25+ year legacy of quality and innovation
  • Backyard Discovery’s unique, integrated, Do-It-For-Me business model – inclusive of proprietary branded products and best-of-breed home installation services – positions the Company for accelerating growth in a marketplace seeing burgeoning consumer demand for quality products paired with turnkey installation solutions
  • Aterian Investment Partners, with over $250 million of capital under management, focuses on acquisitions of middle-market companies possessing strong, proven franchises and experienced management teams

See Press Release

Client Testimonial

Baird Capital has enjoyed a successful relationship with Backyard Discovery since 2007. The management team’s leadership and guidance positioned the Company as a market leader, despite a volatile economic and consumer spending environment, while evolving the direct to consumer and DIFM/installation capabilities. In selecting TM Capital as our advisor, we received experienced senior leadership and attention, deep Consumer/Retail sector knowledge and relationships, and a highly collaborative working style. The TM Capital team worked tirelessly on our behalf and helped us attract the right buyer for Backyard Discovery’s future.”
David Pelisek, Partner, Baird Capital Partners