CableOrganizer.com Secures Majority Stake Investment

CableOrganizer.com, an online retailer of electrical, telecom/datacom/networking, home theater, cable and wire management products, has announced a majority stake investment/acquisition by KT Capital Partners and CapitalSouth Partners Funds. The company has also announced the appointment of new company CEO, Gerald P. Quindlen, who previously served as president and CEO of Logitech.

PRESS RELEASE

Industry leading eTailer CableOrganizer.com (www.CableOrganizer.com), an industry-leading online retailer of electrical, telecom/datacom/networking, home theater, cable and wire management products, today announced the majority stake investment/acquisition by KT Capital Partners, LP and CapitalSouth Partners Funds. The company concurrently announced the appointment of new company CEO, Gerald P. Quindlen, who previously served as president and CEO of Logitech. Both company co-founders, Valerie and Paul Holstein, former CEO and COO, respectively, will retain a minority ownership position in the new company.