Capstone Partners served as exclusive financial advisor to Carlisle Wide Plank Floors, Inc. (“Carlisle” or “the Company”), a portfolio company of JMH Capital, a Boston-based private equity firm, in connection with its sale to Switchback Capital LLC (“Switchback”), an Austin-based private equity firm.
Founded in 1966 and headquartered in Stoddard, New Hampshire, Carlisle is a nationally recognized leader in the design, manufacture and direct sale of luxury hardwood wide plank flooring.
The Company leverages data-driven analytics and a high-touch consultative sales team to serve consumers, designers, homebuilders, architects and influencers via an online-first, direct-to-consumer and direct-to-pro basis through an internet-driven customer acquisition strategy, which is complemented by a nationwide network of showrooms and sales representatives.
JMH Capital is a Boston, Massachusetts-based private equity firm that partners with lower middle market companies across the industrial, services and consumer industries.
Switchback Capital is an Austin, Texas-based private equity firm which partners with experienced managers to acquire and provide growth capital for cash flow positive hospitality concepts and American manufacturing firms.
Capstone Partners marries a nuanced understanding of omni-channel, direct-to-consumer / pro business models with decades of experience to the flooring and more broadly the home decor and building products sectors while publishing authoritative industry research.
We selected [Capstone Partners] both for their extensive experience and understanding of the flooring market and their success positioning online-first, direct to consumer and pro business models. During the sale process, [Capstone Partners] was thoughtful in positioning our business and easy to work alongside. We received the senior-level attention promised and were impressed by the professionalism and attention to detail from the entire [Capstone Partners] team. We look forward to working with [Capstone Partners] in the future.
