Sale to NBG Home
Baird served as the exclusive financial advisor to Quoizel, Inc. on this transaction
AboutQuoizel, Inc. ("Quoizel") has been acquired by NBG Home (“NBG”), a portfolio company of Sycamore Partners (“Sycamore”). Terms of the transaction were not disclosed.
Founded in 1930, Quoizel is one of the nation’s leading designers and marketers of fine decorative lighting. Quoizel’s promise is to bring timeless designs into customers’ homes, while building lasting relationships along the way. Quoizel is headquartered in Charleston, South Carolina.
NBG is the largest provider of affordable home décor products, including lighting, accent furniture, soft goods, wall décor, frames and other categories marketed under brands such as Pinnacle, Jimco, Patton, Plantation Patterns and THRO. Through its leading research, innovation and product development capabilities, NBG Home offers trend-right products at affordable price points, and serves a wide variety of retail partners, including mass merchants, specialty stores, discount stores, home centers, warehouse clubs, and internet retailers. NBG is headquartered in Austin, Texas.
Sycamore specializes in consumer, distribution and retail-related investments and partners with management teams to improve the operating profitability and strategic value of their business. Sycamore has approximately $10 billion in assets under management. The firm's investment portfolio currently includes Belk, Coldwater Creek, CommerceHub, Hot Topic, MGF Sourcing, NBG Home, Pure Fishing, Staples, Inc., Staples United States Retail, Staples Canada, Talbots, The Limited and Torrid. Sycamore is headquartered in New York, New York.
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- January 2019
- Quoizel, Inc.
- Target Location
- North America
- Acquiror Location
- North America