MCM Capital Realizes Top-Quartile Return In Sale Of Stylecraft Home Collections
August 20, 2004
MCM Capital Partners announced today that they have sold Stylecraft Home Collections to Linsalata Capital Partners. The Fund realized over 4 times its investment in StyleCraft, generating an annual compounded return exceeding 60%. MCM, in partnership with management, originally acquired the business in 2001. Since being acquired, StyleCraft materially broadened its product line in order to become a premier supplier of home décor products, significantly increasing revenues and cash flow.
MCM Capital Partners, based in Cleveland, invests in acquisitions, buyouts and recapitalizations of profitable niche companies in the lower middle-market. MCM seeks to partner with strong management teams in acquiring manufacturing, specialty service, and value-added distribution companies that can be built through acquisition and organic growth.