Pacific Coast Feather Cushion has been acquired by Salt Creek Capital
Keeco LLC, a portfolio company of Centre Lane Partners, has sold Pacific Coast Feather Cushion Company to Salt Creek Capital.
PCF Cushion, a subsidiary of Keeco LLC, is a leading, domestic manufacturer of highly engineered natural fill (feather and down) cushion insert components to the US upholstered furniture industry. Headquartered in Pico Rivera, California, with an additional facility in High Point, North Carolina, PCF Cushion manufactures cushion insert components designed to meet its customers exact specifications in production runs of any scale and with just-in-time delivery. Keeco is a home textile supplier, specializing in fashion top-of-bed, basic/utility bedding and soft window treatments with additional businesses in bath, kitchen textiles, table linens and patio mats.
Salt Creek Capital is a San Francisco Bay Area-based private equity firm that partners with experienced operating executives to acquire profitable companies with up to US$150 million in revenue. Salt Creek Capital takes a long-term approach to investing in lower middle-market businesses and seeks to create value by working closely with management teams to accelerate growth and improve operating efficiencies.
Centre Lane Partners is a New York, NY-based private equity firm focused on investing in middle-market companies that have leading market positions and sustainable competitive advantages in their respective niches.
Oaklins TM Capital in the US served as the exclusive financial advisor to Keeco LLC, a portfolio company of Centre Lane Partners, in its divestiture of Pacific Coast Feather Cushion Company to Salt Creek Capital.
Talk to the deal team
David M. Felts
Oaklins TM Capital
Related deals
Tekova Oyj has completed a technical listing on the Nasdaq First North Growth Market Finland
Tekova Oyj has successfully completed a technical listing (IPO) on the Nasdaq First North Growth Market Finland. This transaction marks a significant milestone in the company’s growth strategy, enhancing its visibility and access to capital markets.
Learn moreMark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
Learn moreGrupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
Learn more