Stamford, CT, November, 2024: TrueNorth Capital Partners LLC (“TrueNorth”) is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive financial advisor to Master Halco Inc. (“Master Halco”), a subsidiary of ITOCHU Building Products Holdings, Inc. (“ITOCHU”), on acquiring substantially all assets of The Deck Superstore Inc. (“The Deck Superstore”).

The Deck Superstore is the leading premium decking and railing material supplier in the Denver Metro area. As one of the largest specialized outdoor living dealers in the United States, The Deck Superstore has built a strong reputation for its innovative product development and ability to meet diverse customer needs.

Master Halco is North America’s leading manufacturer and wholesale distributor of perimeter security and fencing and outdoor living products. Master Halco is the provider of choice for thousands of professional fence and security contractors and quality building material retailers, offering a complete line of high-quality fence systems in both traditional and unique styles. Master Halco full line of products includes access controls, agricultural, vinyl, wood, ornamental, and chain link fences and gates for farm and ranch, residential, commercial, industrial, and high security applications.

The strategic investment in The Deck Superstore is in line with Master Halco’s and ITOCHU’s management plan, which aims to reinvent its existing businesses by investing in new business models, geographies, and product offerings to continue strengthening long term growth planning objectives and expansion strategies. Through this latest partnership with The Deck Superstore, Master Halco will strengthen its product offerings in the decking and railing segment and solidify its position as a leading outdoor living products distributor.

“We are thrilled to welcome The Deck Superstore to the Master Halco family,” said Tats Kimura, President & CEO of Master Halco. “This acquisition represents a significant milestone in our growth strategy and reinforces our dedication to providing high-quality outdoor living solutions to our customers”.

Glenn Shenk, SVP of Sales, and Marketing at Master Halco also commented on the partnership saying, “By combining our resources and expertise, we will be able to offer an even broader range of products and services to our customers and continue to grow rapidly in the outdoor living sector throughout Master Halco’s 71 locations”.

Mr. Shenk went on to thank TrueNorth Capital Partners for their thoughtful advice throughout this transaction saying “TrueNorth assisted us in identifying and approaching potential targets on behalf of Master Halco and brought us the opportunity to acquire The Deck Superstore. The Deck Superstore is an ideal partner and TrueNorth provided invaluable assistance to guide us to a successful strategic investment.”

TrueNorth’s professionals supporting Master Halco are Yoshi Togo, Clay D. Risher and Mindy Piroonhapat.

About ITOCHU Corporation:

Founded in 1858, ITOCHU Corporation is a Fortune Global 500 Company and one of the largest general trading companies (sogo shosha) in Japan. With approximately 110 bases in 63 countries, ITOCHU is engaged in domestic trading, import/export, and overseas trading of various products, as well as business investment activities in Japan and overseas. With its headquarters in Tokyo, Japan, ITOCHU’s core business segments include the following: Information and communications technology (ICT) and finance; Textile; Machinery; Metals and Minerals; Energy and Chemicals; Food; General Products and Realty; and Others.

About Master Halco Inc.:

Founded in 1951, Master Halco Inc. is presently North America’s leading manufacturer and wholesale distributor of perimeter security and fencing. Master Halco is the provider of choice for thousands of professional fence and security contractors and quality building material retailers, offering a complete line of high-quality fence systems in both traditional and unique styles. Master Halco has over 70 locations in the United States and Canada.

About The Deck Superstore:

The Deck Superstore, located in the Denver metropolitan area, is renowned for its extensive range of outdoor living products and exceptional customer service. As one of the largest specialized outdoor living dealers in the United States, The Deck Superstore has built a strong reputation for its innovative product development and ability to meet diverse customer needs.

About TrueNorth Capital Partners LLC:

TrueNorth provides advisory services to companies seeking advice on middle-market M&A and financing transactions. With offices in Stamford, CT; Charleston, SC; Sea Girt, NJ; Naples, FL; Minneapolis, MN, Tokyo, Japan, and London, UK. TrueNorth is a boutique investment bank comprised of senior bankers providing a full complement of financial advisory services. Our focus on the middle-market enables us to provide independent, value-added advisory services to privately held middle-market companies, private equity and family office groups and corporate clients, both domestic and international, across a broad range of industries. TrueNorth conducts its securities related business through its wholly owned subsidiary, TNCP, LLC, member FINRA/SIPC.

Further inquiries should be directed to TrueNorth at the contact information provided below:

Yoshi Togo, Managing Director
Direct Dial: (203) 817-0284
E-mail: [email protected]

Clay D. Risher, Managing Director
Direct Dial: (203) 817-0286
E-mail address: [email protected]

Mindy Piroonhapat, Senior Analyst
Direct Dial: (203) 817-0290
E-mail address: [email protected]