MPE Partners Recapitalizes DecoArt
October 15, 2021
MPE Partners (Morgenthaler Private Equity) completed a recapitalization of DecoArt, a manufacturer of paints and finishes for arts, crafts and home decorating. The transaction brings in incoming CEO Jonathan Kane, keeps founder Stan Clifford involved as a board member, and positions DecoArt for accelerated organic and inorganic growth including potential add-on acquisitions.
- Buyers
- MPE Partners (Morgenthaler Private Equity)
- Targets
- DecoArt
- Sellers
- Stan Clifford, DecoArt senior management
- Industry
- Manufacturing
- Location
- Kentucky, United States
- Transaction Type
- Recapitalization
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