The Riverside Company Acquires Monessen Hearth Systems

October 8, 2004

The Riverside Company has acquired Monessen Hearth Systems (MHS), a Paris, Kentucky-based manufacturer of gas, wood, and electric hearth products, as a new platform investment. Riverside intends to support Monessen's growth and pursue an aggressive add-on acquisition strategy to expand market share in the fragmented U.S. hearth industry.

Targets
Monessen Hearth Systems
Location
Kentucky, United States
Transaction Type
Buyout

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