Lion Equity Partners Acquires Riegel Linen from Mount Vernon Mills
October 31, 2019
Lion Equity Partners has acquired the Riegel consumer products division (Riegel Linen, LLC) from Mount Vernon Mills in a divestiture executed by Bravaldo Capital Advisors. Riegel, headquartered in Aiken, South Carolina, is an importer, manufacturer and supplier of tablecloths, napkins, bedding and other linens for hospitality, retail and healthcare customers; Lion Equity plans to position the business for growth and potential add-on acquisitions.
- Buyers
- Lion Equity Partners
- Targets
- Riegel Linen, LLC
- Sellers
- Mount Vernon Mills, Inc.
- Industry
- Manufacturing
- Location
- South Carolina, United States
- Transaction Type
- Divestiture
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