Cali Bamboo co-founders Jeff Goldberg, CEO, and Tanner Haigwood, Vice President of Business Development, invested in the transaction alongside High Road and will continue to lead the company post-closing.
“Green building products are a rapidly growing segment of the new construction and remodeling markets. Consumers and businesses are seeing the aesthetic, economic and environmental benefits of bamboo and other renewable materials over traditional hardwoods,” said Ben Schnakenberg, High Road Partner. “Cali Bamboo is a pioneer in bamboo flooring and continues to lead the industry in growth and innovation. We look forward to working with Cali Bamboo’s entrepreneurial team to leverage the company’s strong brand across new product categories and to more fully develop multiple distribution channels,” Schnakenberg said.
Cali Bamboo is a leading manufacturer and direct-to-consumer retailer of bamboo flooring and sustainable building products. Based in San Diego, California, the company offers bamboo flooring, composite decking, bamboo plywood, eucalyptus flooring, bamboo fencing, and cork tiles.