Neff Receives Private Equity Cash Infusion

neffPrivate equity firm Marlin Equity Partners has invested an unspecified amount of cash in Neff.

"We are thrilled with our success over the past few years and the future has never looked brighter," stated Shaun Neff, CEO and  founder of Neff. "Partnering with Marlin will allow us to leverage their operational expertise and capital, while building a world-class organization. It is an exciting time for Neff and we look forward to collaborating with our new partners and enhancing our current product offering. We want to thank our customers for their loyal support of the brand and promise exciting things to come!"

Nathan Pingelton, principal at Marlin, said "The Neff brand is well-positioned for growth and maintains strong relationships with the top retailers targeting the action sports segment. We are ecstatic to partner with the Neff family and look forward to working together in the years ahead."

"Behind Shaun's unique style and vision, the Neff brand has become one of the most exciting brands in the action sports market," added Jeff Streader, retail and apparel operating partner at Marlin. "With a devoted and rapidly growing customer base, we believe the brand is well positioned for growth across multiple product categories both in North America and internationally. We look forward to partnering with Shaun and the management team as we enter the next phase of the company's growth."