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March 2007

Lincoln International's Consumer Group Represents Decorative Concepts, Inc. in the Sale of Aldik to Management and Encore Consumer Capital

 

CHICAGO, March 29, 2007  Lincoln International, a leading mid-market investment bank, today announced the sale of Aldik and its Hong Kong subsidiary (Aldik), to Aldik senior management and Encore Consumer Capital (Encore), a private investment firm.  Aldik was a subsidiary of Decorative Concepts, Inc., a private holding company in the decorative home products space.  Lincoln International acted as the exclusive financial advisor to Aldik and Decorative Concepts, Inc. in the transaction.


For more than 50 years, Aldik has been a market leader in floral based décor.  The company has permanent showrooms in Atlanta, Chicago, Dallas, Las Vegas, Los Angeles, New York, San Francisco and Hong Kong.  The acquisition, completed on March 16th, 2007, will facilitate Aldik's future growth and will further strengthen its leading position in the floral based home décor industry.


"As an independent Company, Aldik, Inc. will be able to further capitalize on its unique strengths which include unsurpassed design capabilities, superior sales and marketing organizations and its renowned customer service," says Aldik, Inc. CEO, Larry Gold. "With this change, Aldik is poised to become the clear market leader in the floral and home décor industry."


The Aldik senior management team is seen as integral to the future success of the Company and remains intact and dedicated to the Company. This experienced team will continue to lead Aldik and drive it to continued growth and success.


The acquisition includes Aldik's core domestic and international business along with its Hong Kong subsidiary, which has been renamed Sourcedécor Ltd.


About Lincoln International
Lincoln International specializes in merger and acquisition advisory services and private capital raising for leading organizations involved in mid-market transactions.  With offices in Chicago, Frankfurt, Los Angeles, New York, and Paris, and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies.  The organization provides clients with senior-level attention, in-depth industry expertise, and integrated resources.  Lincoln International's Consumer Group provides investment banking services to leading consumer companies in consumer products, branded and private label food and beverage, consumer services, food distribution, and restaurants and retail industries.  More information about Lincoln International can be obtained at www.lincolninternational.com.

 

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