M&A Deal Summary

Gainline Capital Partners Acquires Southern Motion

On June 7, 2017, private equity firm Gainline Capital Partners acquired furniture company Southern Motion

Acquisition Highlights
  • This is Gainline Capital Partners’ 1st transaction in the Furniture sector.
  • This is Gainline Capital Partners’ 1st transaction in the United States.
  • This is Gainline Capital Partners’ 1st transaction in Mississippi.

M&A Deal Summary

Date 2017-06-07
Target Southern Motion
Sector Furniture
Buyer(s) Gainline Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Mann, Armistead & Epperson, Ltd. (Financial)

Target

Southern Motion

Pontotoc, Mississippi, United States
Southern Motion is a manufacturer and marketer of furniture that offers sofas and loveseats. Southern Motion was founded in 1996 and is based in Pontotoc, Mississippi.

Search 201,893 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) 1

DESCRIPTION

Gainline Capital Partners is a private investment firm focused on acquiring and investing in American middle-market companies valued up to $250 million. The Firm looks for profitable companies with $5 to $50 million of EBITDA and will consider a variety of investment situations including buyouts, recapitalizations, carve-outs, and partnering with founders to pursue growth through acquisition or expansion. Sectors of interest include business services, niche manufacturing, consumer, logistics, and transportation. Gainline Capital Partners was formed in 2015 and is headquartered in Stamford, Connecticut.


DEAL STATS #
Overall 1 of 7
Sector (Furniture) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (Mississippi) 1 of 1
Country (United States) 1 of 7
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-26 WellStat

New York City, New York, United States

WellStat is a provider of grid relationship management software and demand response services to commercial electricity customers. WellStat is based in New York City, New York.

Buy -