Top Knobs USA, a portfolio company of the Harbour Group, has acquired Atlas Homewares.
Atlas Homewares provides decorative hardware products, including cabinet knobs, cabinet pulls, bath accessories, house numbers, and switch plates. Atlas was founded by Adrienne Morea and is based in Los Angeles (www.atlashomewares.com).
“Adrienne is the quintessential entrepreneur,” said Jeff Fox, Harbour Group’s chairman and chief executive officer. “She founded her company over 20 years ago with a vision, wonderful designs and a trip to a trade show. From there, she built a great, award-winning business, with strong brands and an excellent reputation. This business combination is a perfect example of one of Harbour Group’s strategies to put our operational expertise and capital behind the management teams of leading entrepreneur and family-owned businesses in order to help them achieve their next level of success.”
Top Knobs, acquired by the Harbour Group in 2008, is a manufacturer of decorative hardware for the kitchen, bath and closets. Products include knobs, door handles, pulls, hooks and other kitchen, bath and closet fixtures. The company has over 4,000 product designs. Top Knobs was founded in 1994 and is based in Hillsborough, NJ (www.topknobsusa.com).
“We are thrilled to be combining forces with Top Knobs,” said Ms. Morea. “We get the combined market strength of both industry leaders, while growing the Atlas brand and supplying the market with an ever-expanding library of stylish hardware.”
Harbour Group and its companies are engaged in manufacturing and distribution in multiple industries, including flow and energy measurement, boiler systems, professional diagnostic and repair tools, specialty LED systems, niche distribution, logistics services, decorative kitchen and bath hardware, abrasives, diamond-cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 177 companies in 37 different industries. The firm is based in St. Louis (www.harbourgroup.com).
2014 PEPD • Private Equity’s Leading News Magazine • 11-20-14
