Key Takeaways
- • Paradigm Equity Partners has acquired STI Fabrics, a U.S.-based maker of upholstery and performance fabrics, according to PEI Private Equity.
- • STI Fabrics designs, weaves and finishes fabrics sold to furniture makers, retailers and interior designers.
- • The source reports the transaction as a manufacturing deal; financial terms, deal value and seller details were not disclosed in the available coverage.
Summary
STI Fabrics designs, weaves and finishes upholstery and performance fabrics. Its customers include furniture manufacturers, retailers and interior designers, positioning the company as a supplier within the residential and commercial furnishings supply chain.
The available reporting does not disclose the purchase price, the identity of the seller, or post-closing plans for the business. Readers seeking those details should refer to subsequent filings or fuller deal coverage.
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