Stanton Changes Investors
August 7, 2012- Share:
Linsalata Capital Partners has sold Stanton Carpet Corporation to Norwest Equity Partners. Linsalata had backed the company since August 2006. Stanton is a distributor of soft floor covering products, such as carpet and rugs, for the residential market. Norwest Mezzanine Partners provided mezzanine financing for the transaction, while additional financing was provided by GE Antares Capital, PNC Capital Markets and NXT Capital.
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