Quad-C backs rug and carpet business Stanton


Middle market private equity firm Quad-C Management has backed Stanton, Carpet Corporation with an undisclosed investment.

As part of the deal, Stanton’s management team will continue to lead and operate the business from its Syosset, NY and Calhoun, GA-based facilities.

Founded in 1980, New York-based Stanton makes and imports carpets and custom rugs.

Fellow buyout house Norwest Equity Partners sold the company to Quad-C.

Norwest invested in Stanton in 2012 and since then has supported the company’s further expansion across the US, helping it boost its customer base from 3,500 to more than 4,000.

The company’s family of brands are available through approximately 4,000 retail partners nationwide, including independent retail floor showrooms, trade showrooms and home furnishing retailers.

Quad-C partner Thad Jones said, “With their team of seasoned industry veterans, design expertise that we believe is second to none, a market leading salesforce and nationwide distribution footprint, Stanton has the potential for significant expansion.

“We are pleased to complete this investment and are eager to support the future success of the company.”

Copyright © 2016 AltAssets

Get the latest PE News & Research delivered to your inbox every morning