Graycliff Announces Credit Investment in Premier Outdoor Living

Graycliff Partners LP announced that it has completed a subordinated debt investment in Premier Outdoor Living, a leading manufacturer of synthetic outdoor building products and furniture. Premier Outdoor Living was formed in 2021 through the merger of Recycled Plastics Industries and Highwood USA. The business is owned by Kaho Partners and Nassau Point Investors.

Premier Outdoor Living is headquartered in Green Bay, WI, with additional manufacturing facilities in Hazleton, PA and Hometown, PA. The company operates in the growing synthetic lumber segment, which continues to gain market share as a low-maintenance, weather-resistant, and customizable alternative to traditional lumber and lumber products.

“Premier Outdoor Living has a strong position in its core markets and is well-positioned to capitalize on industry tailwinds,” said Brian O’Reilly, Partner at Graycliff Partners.

“The Graycliff team was collaborative and efficient throughout the process. We’ve built a long-term partnership through this transaction and look forward to continuing to grow the business together,” added Rich Latto, CEO of Premier Outdoor Living.