Ellery Homestyles in recap with investment firm

Retail Editor 4, Staff Staff, January 6, 2011

Miami - Diversified home textiles producer Ellery Homestyles LLC has completed a recapitalization with private investment firm Trivest Partners, which concentrates its investments in founder/family owned businesses in the United States and Canada.
Ellery's founder and ceo, Budd Goldman, will continue as an owner of the business and lead Ellery's daily operations. Trivest Fund IV, with $325 million in commitments, and Goldman provided equity for the transaction. Senior financing was provided by Wells Fargo and Pepper Hamilton acted as legal counsel to Trivest.
"Our partnership with Trivest will be instrumental in helping Ellery successfully execute numerous strategies for continued growth, including existing product line expansion, new product development and a significant focus on the e-commerce channel," said Goldman.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!