Capstone Partners served as exclusive financial advisor to Spencer Enterprises, a portfolio company of lead-investor 21st Century Group, LLC, in its sale to Sure Fit Home Décor, a portfolio company of Centre Lane Partners.
Spencer Enterprises, based in City of Industry, California and with its primary showroom in The Textile Building in New York City, is the leading designer and supplier of fashion-forward decorative pillows and window coverings to a blue-chip roster of big-box and specialty home décor retailers nationwide.
This transaction represents another success story for Capstone Partners in the home textile and home décor sectors, leveraging our unique knowledge and understanding of these sectors spanning now three decades.
Sure Fit is the nation’s most trusted provider of easily-installed furniture covers, slipcovers and decorative accessories.
Centre Lane Partners, with approximately $1 billion of capital under management, focuses on acquisitions of middle-market companies that have leading market positions and sustainable competitive advantages in their respective niches.
