Woodstream, a Portfolio Company of Brockway Moran & Partners, Acquires Zareba Systems, Inc.

BOCA RATON, Fla.--(BUSINESS WIRE)--Woodstream Corporation, a portfolio company of Brockway Moran & Partners, a Florida-based private equity firm, and Code Hennessy & Simmons LLC, has completed the acquisition of Zareba Systems, Inc. (NASDAQ: ZRBA), a leading provider of electric fencing for animal containment. Zareba’s shareholders approved the previously-announced merger for $9.00 per share at a special shareholder meeting on March 31^st.

“We are excited to offer a broader selection of brands and products to our customers.”

“Zareba’s portfolio of long-standing brand names and complementary product offering will enhance Woodstream’s existing electric fencing line, which is marketed under the Fi-Shock^® brand name,” said Harry E. Whaley, President of Woodstream. “We are excited to offer a broader selection of brands and products to our customers.”

Zareba designs and markets a broad line of electric fence energizers and supporting lines of insulators, high tensile fence, poly wire, tape and rope, fence posts and related accessory products under various brand names, including Zareba^®, Red Snap’r^®, Blitzer^®, Rutland^® and BullDozer^®. Similar to Woodstream’s electric fencing product line, Zareba’s products are used in the control, containment and deterrent of animals, including horses, livestock and small animals, for the agricultural, “hobby farm” and lawn & garden markets. The transaction enhances Woodstream’s presence in the farm-agricultural channel and further strengthens Woodstream’s relationships with key customers. Zareba’s products are sold primarily through the farm-agricultural retailers and D.I.Y. centers in North America and the United Kingdom.

“Zareba represents the fourteenth acquisition completed by Woodstream since 2000 and continues Woodstream’s impressive track record of acquiring and integrating niche brands,” said Lawrence I. Shagrin, a partner at Brockway Moran & Partners. “Woodstream continues to actively pursue strategic acquisitions which broaden its product offering and brand portfolio.”

About Woodstream:

Woodstream, headquartered in Lititz, Pennsylvania, manufactures and markets a broad portfolio of branded consumer and professional products, including Victor® rodent control solutions, Havahart® animal caring and control products, Safer® natural solutions for the lawn and garden, and Perky-Pet® wild bird feeders among others. The company’s products, which have leading market share positions within their respective segments, are sold at more than 100,000 retail locations and to professional pest control providers throughout the United States, Canada and other international markets.

About Brockway Moran & Partners:

Brockway Moran & Partners is a private equity firm with more than $1.3 billion of capital under management. The firm acquires growth-oriented middle market companies valued between $50 million and $300 million in partnership with exceptional management teams. Brockway Moran focuses on businesses with significant growth opportunities either through internal expansion, industry consolidation or innovative business strategies. The principals of the firm have a record of productively working with management teams to build companies into larger and more diverse enterprises. Brockway Moran & Partners invests in a broad spectrum of industries with significant experience in consumer, industrial and service businesses. Since 1998, the firm has completed over 50 acquisitions. For more information, visit www.brockwaymoran.com.