Sale to Clearlake Capital Group, L.P.

Industrial
Consumer
Sale to Clearlake Capital Group, L.P.

Summary

Baird served as the exclusive financial advisor to Dimora Brands, Inc. and The Jordan Company, L.P. on this transaction

About

Dimora Brands, Inc. (“Dimora” or the “Company”), a portfolio company of The Jordan Company, L.P. (“TJC”), was recently acquired by Clearlake Capital Group, L.P. (“Clearlake”). The transaction is subject to customary closing conditions. Terms of the transaction were not disclosed.

Dimora is a leading provider of proprietary branded hardware and other complementary products for kitchen and bath applications. The Company offers a broad product portfolio, including cabinet knobs and pulls, functional hardware, luxury faucets, drawer boxes and doors, organizers, ready-to-assemble cabinetry, vanities and lighting and power products under leading brands including Top Knobs, Hardware Resources, Jeffrey Alexander, Elements, Atlas Homewares, Task Lighting, Watermark Designs, Water Street Brass and North Point Cabinetry. Dimora primarily serves custom cabinet manufacturers, cabinet OEMs, kitchen cabinet dealers, showrooms and non-big box retail through its network of direct sales representatives and independent sales agencies. Dimora is headquartered in Dallas, Texas.

TJC, founded in 1982, is a middle-market private equity firm with original capital commitments in excess of $11 billion. TJC has a 38-year track record of investing in and contributing to the growth of many businesses across a wide range of industries, including Industrials; Transportation & Logistics; Healthcare & Consumer; and Telecom, Technology & Utility. The senior investment team has been investing together for over 20 years and is supported by its Operations Management Group, established in 1988 to initiate and support operational improvements in portfolio companies. TJC is headquartered in New York, New York.

Clearlake is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® Clearlake’s core target sectors are industrials, technology and consumer. Clearlake currently has approximately $25 billion of assets under management, and its senior investment principals have led or co-led over 200 investments. Clearlake is headquartered in Santa Monica, California.
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Industrial
Consumer
Sale to Clearlake Capital Group, L.P.
Date
November 2020
Company
Dimora Brands, Inc.
Transaction
M&A
Sectors
Industrial
Consumer
Target Location
North America
Acquiror Location
North America

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