F. Schumacher & Co. Acquires Tillett Textiles

Hansae Co. Ltd. Acquires Texollini

October 16, 2024

Manufacturing

Hansae Co. Ltd., a South Korean global fashion ODM, has acquired US textile manufacturer Texollini to vertically integrate its supply chain and strengthen synthetic-fiber production capabilities. The acquisition of the Long Beach, California factory — equipped with automated knitting, dyeing and printing lines — positions Hansae to expand high-value product lines (like activewear) and capitalize on nearshoring trends in Central America and the U.S. market.

F. Schumacher & Co Acquires Backdrop

May 12, 2021

Consumer Products

F. Schumacher & Co. has acquired Backdrop, the digitally native paint and design brand founded in 2018 by Natalie and Caleb Ebel. The transaction marks FSCO’s entry into the architectural paint market and will allow Backdrop to leverage FSCO’s global production and distribution while the Backdrop founders remain with the business as co-presidents.

Shutterfly Acquires Spoonflower

August 10, 2021

E-Commerce

Shutterfly has completed the acquisition of Spoonflower, a global marketplace for custom fabric, wallpaper and home decor, for approximately $225 million of enterprise value. The deal expands Shutterfly's product assortment and connects its 21 million active users to Spoonflower's community of designers, accelerating Shutterfly's entry into the home decor and custom textiles market.

Quiltcraft Industries Acquires Fabtex Inc. After Willistown Capital Recapitalization

April 16, 2025

Manufacturing

Quiltcraft Industries, newly recapitalized by Houston-based private equity firm Willistown Capital, has acquired competitor Fabtex Inc. The deal creates a larger hospitality-focused textiles platform with expanded geographic reach, manufacturing and sourcing capabilities, and a combined workforce of more than 300 employees across the United States and Mexico.

Stahl Acquires WEILBURGER Graphics

August 30, 2024

Manufacturing

Stahl has acquired Germany-based WEILBURGER Graphics, a manufacturer of water-based and energy-cured coatings, inks and adhesives for the graphic arts and packaging markets. The deal strengthens Stahl's newly formed packaging coatings division and expands its product portfolio and European presence in growth end-markets such as food & beverage, cosmetics and pharmaceuticals; financial terms were not disclosed.

SK Capital Partners Acquires Controlling Stake in Tilley Chemical Company

January 7, 2021

Industrial Services

Funds advised by SK Capital Partners made a controlling investment in Tilley Chemical Company, a Baltimore-based specialty chemical and lubricant distributor. The Tilley family will retain a significant ownership stake and continue to be involved; committed debt financing was provided by Madison Capital to support SK Capital’s investment and the platform’s planned infrastructure and footprint expansion.