Baird's Investment Banking Group is pleased to announce the following transaction:

February 2017
Monomoy Capital Partners
Debt Financing for Acquisition of Klaussner Furniture Industries
Baird served as exclusive debt advisor to Monomoy Capital Partners

Monomoy Capital Partners (“Monomoy”) recently completed a secured debt financing (the “Financing”) in support of its acquisition of Klaussner Furniture Industries, Inc. (“Klaussner” or the “Company”). The Financing consisted of a senior secured revolving credit facility and a secured term loan.

Monomoy Capital Partners is a leading private investment firm with $1.5 billion in committed capital across a family of private equity funds. Monomoy invests in middle-market businesses that can benefit from operational and financial improvement. Monomoy implements customized business improvement programs at its investments using its proprietary operating system, which reduces operating expenses, increases profitability and encourages profitable growth. Monomoy was founded in 2005 and is headquartered in New York, New York.

Klaussner Furniture Industries, Inc. is a leading designer and manufacturer of premier indoor and outdoor home furnishings. The Company’s broad, high-quality product line and industry-leading delivery times position it as the supplier of choice for leading furniture retailers. Klaussner was founded in 1963 and is headquartered in Asheboro, North Carolina.

For additional information about this transaction, please contact:

Howard Lanser +1-312-609-5478
Sean Dunn +1-312-609-4962
Tom Lacy +1-414-298-7648
Nick Pavlidis +1-312-609-4977
Chris Cooper +1-704-553-6610
Lydia Xu +86-21-6182-3759