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New Deal


Announced

Francisco Partners to acquire a minority stake in RugsUSA from Comvest Partners for $925m.

Financials

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Transaction Value£669m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Private

Acquisition

Friendly

United States

Private Equity

Domestic

Home Improvement Retailers

Pending

rugs

Single Bidder

Synopsis

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Francisco Partners, a private equity firm, agreed to acquire a minority stake in RugsUSA, a retailer of rugs, from Comvest Partners, a private equity firm, for $925m. “RugsUSA is dislocating the traditional retail experience, and we are excited to be partnering with the company to accelerate growth in core markets and expand into new categories and geographies,” Christine Wang, Francisco Partners Principal.

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