M&A Deal Summary

Weller Equity Partners and Advantage Capital Partners Acquire KFI Studios

On July 29, 2016, private equity firm Weller Equity Partners and growth capital firm Advantage Capital Partners acquired furniture company KFI Studios

Acquisition Highlights
  • This is Weller Equity Partners’ 1st and Advantage Capital Partners’ 2nd transaction in the Furniture sector.
  • This is Weller Equity Partners’ 1st and Advantage Capital Partners’ 191st transaction in the United States.
  • This is Weller Equity Partners’ 1st and Advantage Capital Partners’ 5th transaction in Kentucky.

M&A Deal Summary

Date 2016-07-29
Target KFI Studios
Sector Furniture
Buyer(s) Weller Equity Partners
Advantage Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

KFI Studios

Louisville, Kentucky, United States
website
KFI Studios is a manufacturer and distributor of moderately priced seating and table products for national educational, hospitality, commercial, and government end markets. KFI Studios was founded in 1978 and is based in Louisville, Kentucky.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

DESCRIPTION

Weller Equity Partners is a private equity firm focused on buyouts, growth capital financings, and recapitalizations of lower middle-market companies in Kentucky and the Mid-South US. The Firm looks to invest $1 to $10 million in profitable companies with $10 to $75 million of revenue. Sectors of interest include healthcare, business services, information technology, manufacturing, and food/beverages. Weller Equity Partners was formed in 2015 and is based in Louisville, Kentucky.


DEAL STATS #
Overall 1 of 3
Sector (Furniture) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (Kentucky) 1 of 2
Country (United States) 1 of 3
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-15 Vogt Ice

Louisville, Kentucky, United States

Vogt Ice is a manufacturer of large capacity commercial and industrial ice making equipment in the U.S. Vogt engineers designed the unique Tube-Ice Machine specifically to freeze ice automatically in vertical tubes, momentarily thaw ice loose from the tubes and then cut it into short cylinders with a hole in the center. Vogt Ice was founded in 1938 and is based in Louisville, Kentucky.

Buy -
Buyer

Advantage Capital Partners

New Orleans, Louisiana, United States

Investor Investor Investor Investor Investor

website


Category Growth Capital Firm
Founded 1992
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Advantage Capital Partners is a private equity firm focused on providing growth capital to a variety of companies. The Firm's geographic coverage includes Alabama, Colorado, Florida, Hawaii, Louisiana, Mississippi, Missouri, New York, Texas, Wisconsin and Washington DC. Advantage looks to initially commit $0.5 to $2 million per investment and can provide mezzanine debt in addition to equity capital. Areas of interest include communications, information technology, life science, and energy. Advantage Capital was formed in 1992 and is headquartered in New Orleans, Louisiana.


DEAL STATS #
Overall 192 of 271
Sector (Furniture) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 33 of 40
State (Kentucky) 5 of 9
Country (United States) 191 of 269
Year (2016) 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-29 Advantum Health

Louisville, Kentucky, United States

Advantum Health is a provider of comprehensive revenue cycle solutions including billing, credentialing, prior-authorization, consulting services, and intuitive analytic dashboards. Advantum Health was formed in 1996 and is based in Louisville, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-12 Illinois Neurospine Institute

Bourbonnais, Illinois, United States

Illinois Neurospine Institute engages in innovative, cutting-edge, and advanced spinal surgery and spine care. Over the past ten years, INI has grown to be one of the largest neurosurgery and spine practices in the state of Illinois.

Sell -