August 2007
Investment date
$97M
Purchase price
Ecru, MS
Headquarters
October 2015
Divesture Date
INDUSTRY: NICHE INDUSTRIAL
About American Furniture Manufacturing
Manufacturer of upholstered furniture, focused exclusively on the promotional segment of the furniture industry serving a diverse mix of customers including furniture retailers, big box retailers and department stores.
CODI Value Add:
Worked with new management team to rationalize infrastructure, optimize margins, improve product costing information, and expand sales force.
Investment Highlights:
- Low cost domestic manufacturer; ability to ship most product in its product line within 48 hours
- Insulated from foreign imports due to transportation economics and customer demands
How We Work: We seek companies with purpose and staying power—businesses that dominate their space and are built to endure.
CODI Corner
