Announced
Completed
Financials
Tags
Private
Acquisition
Minority
United States
Household Furnishings
Private Equity
Friendly
Single Bidder
Completed
Domestic
cabinetry products
Synopsis
The Riverside Company, a global private investment firm focused on the smaller end of the middle market, MERK Capital, an operationally-oriented private equity group, and StoneCreek Capital, an independent private equity sponsor, completed an investment in US Cabinet Depot, a wholesale distributor of ready-to-assemble kitchen and bath cabinetry products. Financial terms were not disclosed. “USCD has experienced tremendous growth since inception approximately 12 years ago, and this partnership with Riverside will help accelerate our domestic expansion efforts. Our team looks forward to building upon USCD’s strong existing leadership position in the RTA cabinetry market. Riverside, MERK and StoneCreek are fantastic partners for the company, and I am excited about this next chapter,” Steven Xu, US Cabinet Depot CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.