Latham & Watkins Advises The AZEK Company in Sale of Scranton Products Business to Sky Island Capital

The AZEK Company Inc. (NYSE: AZEK) (AZEK), the industry-leading manufacturer of beautiful, low-maintenance, and environmentally sustainable outdoor living products, including TimberTech® decking and railing, AZEK® and Versatex® trim, and StruXure® pergolas, announced the completion of its divestiture of Scranton Products, a division of its commercial segment, to Sky Island Capital, a private equity firm focused on partnering exclusively with privately held manufacturing companies.

Latham & Watkins LLP represented AZEK in the transaction with a corporate deal team led by Chicago partner Christopher Drewry, with associates Brian Baloun, Henna Jalal, Camille N'Diaye-Muller, and Juna Kim. Advice was also provided on tax matters by Chicago partner Rene de Vera, with associate Valerie Silva Parra; on compensation and benefits matters by Chicago partner Benjamin Rosemergy, with associate Juliet Rognlie; on intellectual property matters by New York partner Jeffrey Tochner, with associate Sebastian Moss; on real estate matters by Chicago counsel Jeffrey Anderson, with associate David Rao; on data privacy matters by Bay Area partner Robert Blamires, with associates Kathryn Parsons-Reponte and Priyanka Krishnamurthy Crissman; on environmental matters by Century City/Houston partner Joshua Marnitz, with associate Kate Johnstone; on sanctions matters by Washington, D.C. partner Andrew Galdes; and on compliance matters by Chicago partner Meredith Monroe, with associate John Doyle.