Announced

Norwest Equity Partners invests in Arteriors.

Synopsis

Norwest Equity Partners, a leading middle market investment firm founded in 1961, has made a significant investment in Arteriors, a founder-owned, internationally recognized designer and supplier of premium, decorative lighting fixtures, furniture and accessories. NEP’s investment marks the first time Arteriors has partnered with an institutional investor, marking a significant milestone for the Company. Financial terms are not disclosed. “After 30-plus years as a founder-owned business, our entire team is excited for our investment partnership with NEP which will help us prioritize and resource our strategic initiatives and provide capital for growth. Providing superior service and value to our customers will remain our top priority as will our efforts to launch new and innovative, design-driven products. I have never been more excited about our prospects for growth and the future.” Moussa, Arteriors Founder.

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