Announced

TorQuest acquired Prepac Manufacturing.

Synopsis

TorQuest Partners acquired of Prepac Manufacturing, a manufacturer of ready-to-assemble home furniture sold exclusively through online retailers. Financial terms were not disclosed. Prepac was an early mover into the online retail space and began drop-shipping its products directly from its manufacturing facility to the end-customer’s doorstep. “Steve Simpson and the management team have steered the business on an impressive growth trajectory over many years. The expertise within the business and operational excellence give us great confidence that the business will continue to thrive.” Rachel Skelton, TorQuest Partners Principal.

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