Natco Home has sold Multy Home to Novacap

Headquartered in Ontario, Canada, Multy Home brings a unique approach to sustainable development and product innovation, resulting in an industry-leading position in the outdoor living and functional flooring products spaces. Throughout its 30 years of existence, Multy Home has developed longstanding relationships with some of the world’s largest and most influential retailers.

Michael Litner, President of Natco Home, commented, “We’ve enjoyed partnering with Multy Home over the last decade-plus and are excited to see their continued growth with Novacap. Lincoln’s advice and efforts were invaluable in achieving a great outcome for all involved.”

Chris Stradling, Managing Director at Lincoln, added, “We are thrilled to have served Natco Home and Multy Home in achieving this important milestone. We congratulate the Multy Home team in their new partnership with Novacap and are confident that their combined resources and expertise will drive continued long-term success.”

Lincoln served as the exclusive investment banking advisor to Multy Home on this transaction, providing industry expertise and managing the preparatory, marketing, negotiation and due diligence phases. Terms of the transaction were not disclosed.

About Multy Home

Multy Home is a global manufacturer of floor protection mats and outdoor living products headquartered near North York, Ontario, Canada. With two manufacturing facilities in the Greater Toronto Area, Multy Home’s environmental sustainability initiatives include use of recycled rubber from used car and truck tires diverted from landfills in North America and Europe. For more information, please visit www.multyhome.com.

About Natco Home

Natco Home is one of the oldest privately owned home furnishing companies with distribution across all of North America. Positioned as a total home fashions resource, Natco Home’s products are sold through the largest mass merchandisers, home centers, department stores and clubs in the United States, Canada, Mexico and beyond. For more information, please visit www.natcohome.com.

About Novacap

Founded in 1981, Novacap is a leading Canadian private equity firm with more than CAD 8 billion of assets under management that has invested in more than 100 platform companies and completed more than 150 add-on acquisitions. Applying its sector-focused approach since 2007 in technology, media and telecom industries and now financial services, Novacap’s deep domain expertise can accelerate company growth and create long-term value. With experienced, dedicated investment and operations teams as well as substantial funding, Novacap has the resources and knowledge to build world-class businesses. Novacap has two offices, Brossard, Quebec, and Toronto, Ontario. For more information, please visit www.novacap.ca.

NatcoHome MultyHome Novacap 2021
  • 2021
    Close Year
  • Consumer
    Industry
  • Private
    Client Type
  • Financial | Cross-border
    Transaction Type
  • Canada | USA
    Countries
The Lincoln team’s deep industry and process expertise combined with their understanding of our differentiated business model were critical to driving an outstanding outcome and securing the ideal partner for our next phase of growth.
Derek Erdman
Co-founder and President of Multy Home

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