Lee Equity Acquires Majority Stake in The Living Company
October 15, 2019
Lee Equity Partners acquired a majority ownership interest in The Living Company (operating under the University Furnishings brand), an asset-light FF&E logistics and installation provider headquartered in Dallas, Texas. TZP exited its investment while Platform Ventures retained an equity stake; financial terms were not disclosed. Lee Equity said it will work with management to accelerate growth into hospitality, workforce housing, senior living and other verticals through organic initiatives and acquisitions.
- Buyers
- Lee Equity Partners
- Targets
- The Living Company (University Furnishings)
- Sellers
- TZP
- Industry
- Logistics & Distribution
- Location
- Texas, United States
- Transaction Type
- Buyout
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