M&A Deal Summary

Ocean State Innovations Acquires General Fabrics

On February 8, 2018, Ocean State Innovations acquired apparel/textiles company General Fabrics

Acquisition Highlights
  • This is Ocean State Innovations’ 3rd transaction in the Apparel/Textiles sector.
  • This is Ocean State Innovations’ 3rd transaction in the United States.
  • This is Ocean State Innovations’ 2nd transaction in Rhode Island.

M&A Deal Summary
Date 2018-02-08
Target General Fabrics
Sector Apparel/Textiles
Buyer(s) Ocean State Innovations
Deal Type Add-on Acquisition

Target

General Fabrics

Pawtucket, Rhode Island, United States
General Fabrics Co. is a wholesale designer, packager, and distributor of printed textiles. General Fabrics was founded in 1951 and is based in Pawtucket, Rhode Island.

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Buyer(S) 1

Buyer

Ocean State Innovations

Portsmouth, Rhode Island, United States
Category Company
Founded 1913
Sector Apparel/Textiles
DESCRIPTION

Ocean State Innovations is specialized in providing textile solutions for such market segments as the military, tactical, commercial, apparel, industrial, and specialty end items. Ocean State Innovations offers a wide range of stock fabrics with the capability of supplying custom solutions, as well. Ocean State Innovations was founded in 1913 and is based in Portsmouth, Rhode Island.

DEAL STATS #
Overall 3 of 4
Sector (Apparel/Textiles) 3 of 4
Type (Add-on Acquisition) 3 of 4
State (Rhode Island) 2 of 2
Country (United States) 3 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-11 Cutting Edge TexStyles

Bedford, Massachusetts, United States

Cutting Edge TexStyles LLC is a manufacturer of bias binding, trims, and textiles. Cutting Edge TexStyles was founded in 1918 and is based in Bedford, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-07 ColorWorks

Elizabethton, Tennessee, United States

ColorWorks is a premier textile dyer and finisher. ColorWorks was founded in 1996 and is based in Elizabethton, Tennessee.

Buy -
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