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Penda Corporation
Headquarters and manufacturing facility: Portage, WI
Industry: Automotive aftermarket
Transaction type: Asset sale
Date of investment: July 2007
Penda Corporation is a heavy gauge thermoformer supplying automotive, industrial and consumer markets with diversified products including pickup truck bedliners, tonneau covers, tie downs as well as erosion control, irrigation and other water management products.
In January of 2009, Penda Corporation and Durakon Industries, a supplier of thermoformed automotive components, merged and are operating as Penda Corporation from its Portage, WI, headquarters. Resilience Capital Partners, Penda's owner; and Littlejohn & Company, LLC, a private equity firm in Greenwich, CT, Durakon's owner; are the shareholders of the combined company.