Lincoln International represents Home Dynamix in the sale of the Company to Town & Country Living and H.I.G. Capital
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Home Dynamix, LLC (“Home Dynamix” or the “Company”) has been sold to Town & Country Living (“Town & Country”) with a supporting investment from H.I.G. Capital (“H.I.G.”). Terms of the transaction were not disclosed.
Home Dynamix, based in North Arlington, New Jersey, was founded by the three Evar brothers in 1986 and is a leading provider of quality and on-trend home goods and home furnishings with over 30 years of proven success. Home Dynamix designs and distributes rugs, mats, bedding products, bath accessories and other home fashions and decorative products to a diverse set of prominent retailer and e-tail partners in the home products, home improvement and online channels. The Company sells its products through owned and licensed brands such as Nicole Miller, Elle Décor and Christian Siriano.
Rami Evar, Co-Founder, President and CEO of Home Dynamix, commented, “We are thrilled to partner up with a very respected, dedicated and passionate team in the home furnishing space. We strongly believe that joining Town & Country will lead to a strong next chapter of our combined business.” Rami Evar also remarked, “Lincoln’s process guidance, industry knowledge and access to key decision makers proved invaluable throughout the sale process. In addition, their ability to effectively convey Home Dynamix’s unique platform attributes to potential investors was critical to our successful outcome.”
Chris Stradling, Managing Director and Co-Head of Lincoln’s Consumer Group, added: “We offer our congratulations to both the Home Dynamix and Town & Country teams on this transaction. The best-in-class product design and innovation capabilities, reputation in the market and combined operating strength of the two companies uniquely position the combined business for continued market leadership.”
Lincoln International acted as the exclusive sell-side advisor to Home Dynamix, working closely with the management team and shareholders throughout the sale process. This included providing advisory expertise and managing the marketing, negotiation and due diligence phases of the transaction.
About Lincoln InternationalLincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint ventures and partnering advisory services on a wide range of transaction sizes. With twenty offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com.