An Affiliate of Sun Capital Partners, Inc. Acquires the Rowe Companies, a Leading Manufacturer of Custom Upholstered Furniture.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- Sun Capital Partners, Inc. ("Sun Capital"), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced that an affiliate of Sun Capital acquired certain assets of Rowe Furniture Rowe Furniture is a furniture designer and manufacturer, founded in 1946 as Rowe-Jordan Furniture Company. External links
U.S. Confederacy government of 11 Southern states that left the Union in 1860. [Am. Hist.: EB, III: 73] Dixie popular name for Southern states in U.S. and for song. [Am. Hist. . Gerald M. Birnbach, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Rowe Furniture, stated, "We are extremely pleased to be acquired by an affiliate of Sun Capital Partners and look forward to utilizing Sun Capital's extensive experience in the furniture industry and its operating resources as we focus on what Rowe Furniture does best - providing fashion-forward, custom upholstery delivered quickly to our retail partners." Jason H. Neimark, Managing Director, Sun Capital Partners, Inc., added, "We are excited about the acquisition of Rowe Furniture which has been known as a preeminent custom upholstery manufacturer for over 50 years. Working with their talented management team and dedicated employees, we will support their efforts to continue to solidify Rowe's position in the industry." About Rowe Furniture Established in 1946, Rowe Furniture is a leading U.S. manufacturer of custom upholstered furniture, offering a wide range of styling in sofas, sectionals, chairs and ottomans with over four hundred fabric selections. Rowe Furniture is available at major home furnishings retailers and better independent home furnishings retailers across the United States and around the world. The Rowe Furniture brands include Rowe (www.rowefurniture.com) and Robin Bruce (www.robinbruce.com). For more information, please visit www.rowefurniture.com or call 800-334-7693. About Sun Capital Partners, Inc. Sun Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 140 companies worldwide with combined sales in excess of $33.0 billion since Sun Capital's inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and affiliates with offices in London, Tokyo, and Shenzhen, China. |
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