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Industry News | Time:Jan 12 2017 8:22AM
Majority stake of Carnegie Fabrics acquired by Calera Capital
 
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Calera Capital, a leading middle market private equity firm has acquired a majority stake in Carnegie Fabrics (“Carnegie”), a leading supplier and innovator of sustainable textiles and wall coverings for the corporate, healthcare, hospitality, and education building markets.

Design is at the core of Carnegie Fabrics ethos. Multi talented people from a bevy of artistic backgrounds make up our creative rhythm.

Mark Williamson, Managing Partner of Calera Capital, said that Carnegie has a long and successful track record of providing high-performance interior textiles to the architecture and design community and their clients. As a leading independent firm with a proven history of product innovation, there remain significant opportunities for further growth.

Cliff Goldman Carnegie’s President,and its management team have developed Carnegie into a true industry leader, and they are delighted to support them as they further realize the substantial potential of the Carnegie franchise, Ethan Thurow, Managing Director of Calera Capital, added.

Cliff Goldman said that they are extremely pleased to be partnering with Calera Capital to help them take their business to the next level.
The team at Calera shares their vision for the business and their broad base of experience will help them further differentiate the company and strengthen their industry leading position.

Mark Williamson and Ethan Thurow led Calera’s investment in Carnegie and will join the Company’s board.

Source: YNFX
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