RYE, N.Y., and ATLANTA — Dunes Point Capital (DPC), a Rye-based investor, has acquired Kwalu, an Atlanta-based designer and manufacturer of furniture serving the healthcare and senior living markets.
Kwalu has a manufacturing facility in Matamoros, Mexico and showrooms in Atlanta and Chicago. The company employs approximately 800 people.
Dunes Point Capital Fund III LP provided the controlling equity for the transaction. Twin Brook Capital Partners provided the debt financing for the transaction. The purchase price was not disclosed.
Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal’s Global Transaction Advisory Group served as financial advisor to DPC. Genesis Capital LLC served as financial advisor to Kwalu.
The post Dunes Point Capital Acquires Furniture Design Company Kwalu appeared first on Seniors Housing Business.
Be First to Comment