MONTREAL, Sept. 10, 2015 – Brookside Capital Partners (“Brookside”) and Capital régional et coopératif Desjardins (“CRCD”) and are pleased to announce that they, together and in alignment with the founder, have invested in Textiles Amalgamated Inc (“TA”).
TA is one of the largest firms in North American and a leader in ready-made curtain design, manufacture and distribution. Over the past 10 years, TA has developed and sold an extensive library of different designs for its US and Canadian customers. With fashion-forward products that consistently meet and exceed expectations of major home décor retailers, TA is recognized as an innovator in textiles, introducing and perfecting details that provide home fashion at affordable prices.
“We are very pleased to partner with Brookside and CRCD,” said Bobby Stoller, President and CEO of Textiles Amalgamated. “They have demonstrated an understanding of our business, an appreciation for what makes Textiles Amalgamated special, and have the capital and expertise to allow us to continue to grow and serve our customers.”
CRCD is the development capital fund management arm of Desjardins Group. It fuels the expansion of SME’s and cooperatives alike by providing them with the strategic and financial support needed. By investing in all regions of Quebec and in all major business sectors with strong growth potential, CRCD has become one of the most solidly established and active development capital companies in Quebec.
Brookside is a private equity firm based in Toronto. Brookside aims to build and own great companies over the long-term. Their focus is to provide strong operating teams, like the team at Textiles Amalgamated, with the capital and expertise to pursue growth opportunities which reflect their values and aspirations.
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