Sky Island Capital Acquires Polished Metals
By Metal Center News Staff
on Feb 21, 2020
Sky Island Capital has acquired Hillside, N.J.-based Polished Metals Limited. Polished Metals is one of the country’s largest polishers and suppliers of architectural and ornamental metals, offering a variety of finishes and metals to several end markets, including the architecture and design community, elevators, escalators and transportation. Sky Island Capital is a lower middle-market private equity firm based in Dallas, Tex.
Polished Metals is known throughout North America for its unique ability to polish high-quality mirror- and satin-finished sheets, bars, tubes, angles, and other shapes that have been featured in iconic architectural projects, including Hudson Yards, the National Museum of the U.S. Army, and One World Trade Center.
“We are grateful that the Lazarus family chose to partner with Sky Island for their next stage of growth,” said Pat Murley, a Partner of Sky Island. “We are looking forward to expanding the business while continuing to focus on the quality and customer service that has been a trademark of Polished Metals.”
David Lazarus, president of Polished Metals, said, “We are excited to partner with the Sky Island team. This transaction will allow us to take advantage of numerous new growth opportunities and ultimately better serve our customers.” Jack Waterstreet, managing partner of Sky Island, said, “We are enthusiastic about the industrial metal processing space and plan to grow through organic investment, as well as completing add-on acquisitions that bolster [Polished Metals’] product portfolio and customer base.”