Capstone Partners served as exclusive financial advisor to Cali Bamboo Holdings, Inc. (“CALI”), a portfolio company of High Road Capital Partners, in connection with its sale to Victoria PLC (LSE: VCP) for approximately $104 million.
Headquartered in San Diego, California, CALI is a highly disruptive, online-first, omni-channel platform offering a range of innovative, branded flooring, decking and home décor products.
CALI’s omni-channel coverage enables the Company to sell direct to consumers or trade professionals, as well as through flooring dealers, specialty retailers and home centers.
High Road Capital Partners is a New York, NY-based private equity firm that focuses on buying and building leading companies in the middle market.
Based in Kidderminster, England, and with a market capitalization of over $1.6 billion, Victoria PLC is a leading designer, manufacturer and distributor of innovative floor covering products including carpeting, ceramics, artificial turf and luxury vinyl plank.
We hired [Capstone Partners] to work with us on the sale of Cali Brands – a disruptive, rapidly-growing, online-first/omni-channel provider of branded flooring products – based on our prior experience as a buyer with [Capstone]’s effective process management and the combination of their deep understanding of the flooring market and their proven success positioning direct-to-consumer businesses. Our experience with the entire [Capstone] team, from top to bottom, was exceptional, and they delivered on their promise of senior-led, white-glove attention from the beginning to the end of the process. We and the Cali team could not be more pleased with the outcome.
