Add-on Acquisition • Apparel/Textiles

HeyTex USA Acquires Graniteville Specialty Fabrics

On May 29, 2025, HeyTex USA acquired apparel/textiles company Graniteville Specialty Fabrics from Crown Capital

Acquisition Context
  • This is HeyTex USA’s 1st transaction in the Apparel/Textiles sector.
  • This is HeyTex USA’s 1st transaction in the United States.
  • This is HeyTex USA’s 1st transaction in South Carolina.

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M&A Deal Summary

Date May 29, 2025
Target Graniteville Specialty Fabrics
Sector Apparel/Textiles
Buyer(s) HeyTex USA
Sellers(s) Crown Capital
Deal Type Add-on Acquisition

Target Company

Graniteville Specialty Fabrics

Graniteville, South Carolina, United States
Graniteville Specialty Fabrics is a textile manufacturer and distributor of highly engineered coated products used for such items as military shelters, marine covers and tents. Graniteville Specialty Fabrics was founded in 1845 and is based in Graniteville, South Carolina.
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Buyer Overview 1

Buyer

HeyTex USA

Pulaski, Virginia, United States

Category Company
Founded 1949
Sector Building Materials
DESCRIPTION

HeyTex USA produces coated, laminated, and composite fabrics for the single-ply roofing, transportation, marine, military, environmental, airline, inflatable, industrial, agricultural, recreational, and athletic industries. HeyTex USA was founded in 1949 and is based in Pulaski, Virginia.


Deal Context for Buyer #
Overall 1 of 1
Sector: Apparel/Textiles 1 of 1
Type: Add-on Acquisition 1 of 1
State: South Carolina 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1

Seller Profile 1

DESCRIPTION

Crown Capital is a private equity firm focused on acquiring lower middle-market companies. The Firm seeks established North America-based businesses with stable revenues and EBITDA of $1 to $6 million. Crown invests in a variety of industries including building and consumer products, distribution, environmental services, niche manufacturing, and transportation and logistics. Crown Capital was founded in 2014 and is based in Atlanta, Georgia.


Deal Context for Seller #
Overall 2 of 2
Sector: Apparel/Textiles 1 of 1
Type: Add-on Acquisition 1 of 1
State: South Carolina 1 of 1
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-15 Nova Marketing

Maryland Heights, Missouri, United States

Nova Marketing is a one-stop provider of project management, fulfillment and logistics solutions. Nova Marketing is based in Maryland Heights, Missouri.

Sell -