Priveq completed the acquisition of a minority stake in Gimmersta Wallpaper.

Priveq, a private equity firm, completed the acquisition of a minority stake in Gimmersta Wallpaper, a premium wallpaper designer and manufacturer. Financial terms were not disclosed. “We look forward to partnering with Priveq to accelerate our growth and further strengthen our market position. With our strong brand portfolio, we are now well positioned to take the next step in our journey, with Priveq bringing both capital and expertise in developing international growth companies, both organically and through acquisitions. Our goal is to become the market leader in the premium segment, with the aim of a future IPO when market conditions and growth align,” Irene Gimmersta, Gimmersta Wallpaper CEO and Founder.