Norwest Equity Partners completed the acquisition of Thibaut.

Norwest Equity Partners, a middle market investment firm, completed the acquisition of Thibaut, a designer and supplier of premium branded wallcoverings, fabrics, and furniture. Financial terms were not disclosed. "Over the years, Thibaut has earned a reputation for exquisite designs, superior product quality, and a collaborative service approach with the interior design community. Providing best-in-class service and beautifully relevant designs to our customers will remain our top priority. I could not be more excited about the next chapter of our growth," Rick Kilmer, Thibaut CEO.