Harbour Group has acquired Thibaut, a wallpaper and fabric company, from Champlain Capital Partners.
Thibaut is the nation’s oldest continuously operating wallpaper and fabric company and is one of the leading designers and global distributors of branded wallpapers, fabrics, and furniture sold through the interior design channel and an array of high-end retail stores.
Company-owned brand names include Thibaut and Anna French. Thibaut was founded in 1886 and is headquartered in Newark, NJ with an additional office in London, UK (www.thibautdesign.com).
Champlain Capital Partners invests in middle-market companies with revenues of $20 million to $100 million and EBITDAs of $3 million to $10 million. Since 1992, the partners of Champlain have invested over $1 billion in more than 70 companies. The firm has offices in San Francisco and Boston (www.champlaincapital.com).
Harbour Group invests in North American-based companies with valuations from $30 million to $500 million. Areas of interest include product-oriented businesses that are generally either a provider of proprietary products or are a niche, value-added distributor. Since its founding in 1976, Harbour Group has acquired 198 companies in 42 different industries. The firm is based in St. Louis (www.harbourgroup.com).
BB&T Capital Markets was the financial advisor to Champlain Capital Partners on this transaction. The firm is headquartered in Richmond, VA and has offices throughout the US (www.bbtcapitalmarkets.com).
© 2018 Private Equity Professional | January 5, 2018
