About the Transaction
Paramax is excited to announce the successful acquisition of Empire Distributing (“Empire”) (www.empiredistributing.net) by Blackford Capital, marking a key milestone in the hearth and outdoor living sector. This acquisition strategically expands Blackford’s Patio Platform and enhances its market position as a leader in this dynamic and growing industry.
Empire has built its reputation over decades as a premier distributor of hearth and outdoor living products throughout the Northeast, Midwest, and Mid-Atlantic. With an extensive range of products sourced from leading manufacturers, Empire has consistently delivered on quality and customer satisfaction. In 2023, Empire further diversified its offerings with the acquisition of Fire Farm, adding outdoor kitchen cabinets and fireplace kits to its portfolio—an innovative move that responds to increasing consumer demand for enhanced outdoor living spaces.
The buyer, Blackford Capital (“Blackford”) (www.blackfordcapital.com), based in Grand Rapids, MI, continues its growth trajectory, focusing on scaling lower middle-market manufacturing, distribution, and consumer product companies. Since its founding in 2010, Blackford has demonstrated a consistent track record of building value, delivering results, and driving growth. This acquisition of Empire is a strategic move to leverage the company’s established brand and product portfolio, further expanding Blackford’s presence in the outdoor living market and positioning its Patio Platform for accelerated growth.
Paramax served as the exclusive M&A advisor to Empire Distributing utilizing its deep industry expertise to guide the transaction and deliver a successful outcome.
