Huron Capital Partners has acquired Lot 26 Studio Inc., a designer and marketer of adhesive wall décor, the firm announced Monday. Terms of the deal were not released. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has offices based in Detroit and Toronto.
We like wall art. We like building companies. So, why not add on to our wall art business?
Huron is pleased to announce the acquisition of Lot 26 Studio, Inc., which is now part of Artissimo Designs. Lot 26 designs and markets adhesive wall decor (a.k.a. decals), and it stacks nicely with Artissimo’s sales force, purchasing, content relationships, and reputation for exceptional customer service.
Artissimo and Huron have been hard at work in the past year, improving margins and building cashflow. From a foundation based on operational improvements, the launch of Artissimo Sports has been a huge hit, with wall decor licenses from all major North American professional and collegiate athletic programs.
Good stuff, but we’re not done building yet…
About Huron Capital Partners LLC
Huron Capital is one of the leading operationally-focused private equity firms investing in lower middle-market companies. The firm typically invests up to $70 million to sponsor buyouts, growth initiatives, corporate spin-offs, and recapitalizations of niche manufacturing, specialty service, and value-added distribution companies having revenues up to $300 million. Huron seeks opportunities where it can help companies reach their full potential by combining its operational approach, capital, and transaction experience with proven operating executives who have the vision, experience, and commitment to grow their businesses.
Since its founding in 1999, Huron has acquired or invested in 51 companies with aggregate revenues approaching $1 billion. Investments have been made in the USA and Canada in a variety of areas, including print solutions & document management, education, healthcare products & services, specialty chemicals, specialty packaging, consumer products, home decor, food products, engineering services, office furniture components, business services, and laboratory testing. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has offices based in Detroit and Toronto. The firm has consistently generated top-quartile returns for its limited partners.