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“Today marks an exciting new chapter for the Scranton Products team,” said Jonathan Skelly, President, Residential and Commercial at The AZEK Company.
The AZEK Company (AZEK) on Tuesday announced the completion of its divestiture of Scranton Products, a division of its commercial segment, to Sky Island Capital, a private equity firm.
William Blair & Company acted as financial advisor, and Latham & Watkins LLP acted as legal advisor, to The AZEK Company in the sale of Scranton Products to Sky Island Capital.