Interface, a manufacturer of modular carpet, today announced that it has completed the sale of its Bentley Prince Street division, in a transaction valued at $35 million, to Dominus Capital and Bentley Prince Street President Anthony Minite and other members of the company’s senior management team.
Bentley Prince Street manufactures and markets broadloom, carpet tile and area rugs for commercial interiors. Based in City of Industry, CA, Bentley Prince Street operates a carpet mill and is the largest commercial carpet manufacturer in California (www.bentleyprincestreet.com).
“We are excited to partner with Anthony and the rest of the management team in this investment. We look forward to supporting them as they continue to expand their industry leading product portfolio and further build-out their roster of dedicated clients around the globe. In addition to making a substantial financial commitment to Bentley, we look forward to utilizing our previous experience in the floor covering industry, as well as our network of industry executives, to assist management in achieving its growth plans,” said Ashish Rughwani, Partner at Dominus Capital.
Dominus Capital invests in middle-market companies in the US and Canada in a variety of industries with a particular focus on the business services, light manufacturing and consumer sectors. The firm is located in New York, NY (www.dominuscap.com).
Interface is the world’s largest manufacturer of modular carpet, which it markets under the Interface, FLOR, Heuga and Bentley Prince Street brands. The company is based in Atlanta, GA (www.interfaceglobal.com).
