May 15, 2018
Acquisition Announcement
CID Capital is pleased to announce that Classic Accessories, a CID portfolio company and leading provider of outdoor product covers, has successfully acquired Duck Covers. Two of the nation's leading cover manufacturers will be combining to form the world's largest outdoor cover company. "Duck Covers' approach to product development, the customer experience and their focus on the E-Commerce channel has made bringing Duck Covers into Classic Accessories an easy decision," said Classic Accessories CEO Brian Bozlinski.  He continued, "Duck Covers will now be able to leverage Classic Accessories' robust infrastructure to offer incredible products and services to its customers.  Classic Accessories and Duck Covers share similar values, with a deep focus on the customer experience, unique design and features that go above and beyond customer expectations." The Duck Covers brand will remain distinct and continue to offer excellent, waterproof protection under the Duck Covers name. Duck Covers was founded in Benicia, CA in 2010 by Olaf Elze and Shawn Sterling who will continue to work with Classic Accessories after the acquisition. "We are really excited about joining the Classic Accessories team and getting access to all of their expertise in the cover business," said Sterling. "We think this will allow us to better serve our customers and put us in a great position to lead the industry in all cover applications." Steve Cobb, Managing Director at CID Capital added, "The Duck Covers partnership is exactly what CID and Classic Accessories sought out to do together. We are excited to combine forces with the Duck Covers team and we will continue to look for growth opportunities through other strategic product acquisitions in the future." For more information on this partnership, please contact Steve CobbEric Derheimer or Adam Bolerjack.
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