Announced
Completed
Financials
Tags
Friendly
Acquisition
Majority
Private
United States
Completed
Domestic
Single Bidder
Private Equity
home furnishings
Household Furnishings
Synopsis
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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