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.

Targets
DecoArt
Sellers
Stan Clifford, DecoArt senior management
Industry
Manufacturing
Location
Kentucky, United States
Transaction Type
Recapitalization

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