Woodbridge Sells Wing Inflatables to Armada
Woodbridge International announced the sale of its client, Arcata, California-based Wing Inflatables, Inc. to Armada Acquisition Group of San Francisco, California.
Wing Inflatables is a supplier of tubes, sponsons, and foam collars to the high-end inflatable boat and rigid inflatable boat market. Wing has recently designed and is launching a family of entirely new inflatable boats and accessories geared to the military Special Forces market.
"Our new combat raiding crafts, the P4.7 and P5.8, brings Wing into new markets and into a new level of growth," said Elizabeth Wing, vice president of Wing Inflatables. "The time was right to bring in new resources that can help manage the growth, not only domestically but worldwide. Armada's level of energy and enthusiasm combined with their success in growing companies in the past has convinced us that Armada is the best partner for us at this time."