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Announced

Completed

Prospect Hill Growth Partners completed the investment in Lifestyle Solutions.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Friendly

Acquisition

Majority

Private

United States

Completed

Domestic

Single Bidder

Private Equity

home furnishings

Household Furnishings

Synopsis

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Prospect Hill Growth Partners, a private equity firm focused on North American consumer and healthcare growth companies, completed the investment in Lifestyle Solutions, a drop-ship supplier of upholstered home furnishings in the e-commerce channel. Financial terms were not disclosed. Since PHGP’s investment, the company has completed several key hires, including CFO Chris Folena and three e-commerce focused relationship managers, and also opened a new distribution facility in the Southeast.

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