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Completed
Synopsis
Willistown-backed Quiltcraft, a company specializes in providing window treatments and bedding for hospitality properties, completed the acquisition of Fabtex,a provider of window treatments, bed coverings, fabrics, and other supplies for the hospitality and healthcare industries. Financial terms were not disclosed. “This is a significant milestone in the history of Quiltcraft. Statesman played a crucial role in guiding us through the process, preparing for the transaction, and identifying the ideal partner that aligns with our core values and sets us up for significant growth in the coming years. By joining forces, we expand our capabilities, deepen our expertise, and build a truly national footprint with broad sourcing and manufacturing. Together, we’re positioned to offer unparalleled value and service to the hospitality industry,” David Pearson, Quiltcraft CEO.
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