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

June 2021
Classic Accessories, LLC
Sale to Twin Star Home
Consumer Products
Baird served as the exclusive financial advisor to Classic Accessories, LLC on this transaction

Classic Accessories, L.L.C. (“Classic Accessories”), a portfolio company of CID Capital, has been acquired by Twin Star Home.

Founded in 1983, Classic Accessories is dedicated to providing customers with a premier outdoor experience. Over the past three decades, Classic Accessories has steadily expanded its capabilities, distribution channels, and portfolio of product offerings. Today, Classic Accessories is the leading manufacturer of high quality, benefit-rich protective covers as well as outdoor furnishings and accessories for today's active lifestyles. The Classic Accessories family of brands includes Classic Accessories, a premium line of covers and outdoor living furnishings, and Duck Covers, an accessibly priced brand offering covers, hammocks, umbrellas, and cushions in trending colors and styles. Classic Accessories products are sold globally through hundreds of retail partners, as well as direct-to-consumer. Classic Accessories also produces OEM products and private label programs for many national brands and retailers.

Twin Star Home is a leading omnichannel, consumer-driven designer and manufacturer of indoor and outdoor living products to enhance the home experience. Twin Star Home’s award-winning designs of functional, beautiful and affordable product lines include furnishings for the living room, home office and bathroom, many with integrated technology and media solutions. Outdoor living products include modular seating collections, dining tables, bars, fire pits and accessories. Twin Star Home is a pioneer in the transformation of the home furnishings business model with borderless, leading e-commerce platforms and traditional retailing. Twin Star Home holds hundreds of product, design and technology patents and combines the latest trends with consumer-driven innovation. Twin Star Home’s mission is to create products that enhance the consumer home experience. Consumers and retailers alike recognize Twin Star Home for its trusted national brands: ClassicFlame®, Duraflame®, Bell’O®, TK Classics®, Classic Accessories®, Duck Covers™, kathy ireland® Homes & Garden, Vera Bradley, John Deere, Tresanti®, ChimneyFree®, Craftsman, Kingsford™ and Frida Kahlo.

Founded in 1981, CID Capital is a private equity group that makes majority investments in high-quality lower-middle-market companies that have shown a consistent track record of success. For companies that have reached a performance level that finds them transitioning beyond being an entrepreneurial business, the Indianapolis-based firm delivers the planning experience, resources and capital to overcome critical constraints and build long-term value.

For additional information about this transaction, please contact:

Robert Rosenfeld +1-312-609-4971
Eric Winn +1-503-273-4982
Doug Henry +1-312-609-7016
Matt Elberts +1-312-609-4477