Sage Park completed the acquisition of Orian Rugs.

Sage Park, a private equity firm, completed the acquisition of Orian Rugs, a manufacturer of woven rugs. Financial terms were not disclosed. “For more than 43 years Orian built a successful American made brand using US and globally sourced components with a well-earned reputation among its loyal customers for designing and creating quality products. We are committed to building on Orian’s rich heritage and investing in continued innovation. We look forward to partnering with Orian’s management team to continue growing the comprehensive manufacturing capabilities Orian developed in both yarn and rug products, while enhancing our relationships with Orian’s customer base," Robert Joubran, Sage Park Chairman and CEO.