New Orleans (August 10, 2015) - LongueVue Capital (“LVC”), a New Orleans-based private equity firm, announced today the sale of Premier Store Fixtures (“Premier”) to Tailwind Capital, a New York-based private equity firm.
Headquartered in Hauppauge, New York, with manufacturing and distribution facilities in Virginia and support offices and warehouses located throughout the country, Premier is a leading designer, manufacturer, and logistics provider of custom fixtures and merchandising displays for use in retail store environments.
Over the course of LVC’s investment period, Premier continued to demonstrate strong growth in revenue and profitability. The business also accomplished a number of operational improvements including the consolidation and upgrade of warehousing facilities, the streamlining and optimization of its supply chain, and the recruitment and hiring of a number of talented managers to support Premier’s continued growth.
“Our partnership with Premier took place during an incredibly exciting time of growth and transformation,” commented Rick Rees, Co-Founder and Managing Partner of LongueVue Capital. “The management team’s hard work, dedication to operational excellence, and commitment to superior customer service has earned Premier a leadership role in the store fixture space.
We have been privileged to work alongside such an outstanding executive team and share in this rapid growth phase of the business.” “We are deeply appreciative of the resources and support provided by LVC during our time together as partners,” commented Nelson Goodman, Co-Founder & President of Premier. He added, “Their pro-active guidance and partnership mentality have been instrumental in positioning Premier to achieve this fantastic outcome. We look forward to expanding upon this track record of success and the bright future that lies ahead.”
About LongueVue Capital:
Founded in 2001, LongueVue Capital is a New Orleans-based private equity firm that focuses on providing human capital, financial capital, and a skill set built upon a successful 18-year track record of partnering with entrepreneurs and management teams to drive value creation in middle market companies. Having managed over $500 million of capital spanning three funds coupled with 150 years of combined operating and investing experience, our team is the ideal partner for middle market companies at inflection points and seeking to maximize value.
Our opportunistic investment strategy provides the flexibility to partner with attractive businesses across a variety of industries and situations, and we tailor transaction structures to meet the company and stakeholders’ objectives. While we are selective with our investment strategy, we target growth-oriented companies with scalable, sustainable business models and exceptional leadership teams.
Our proactive, hands-on approach enables us to be thoughtful stewards of our portfolio companies and trusted and dependable strategic partners to all stakeholders. Together with our entrepreneur and management team partners, we help create superior value for our portfolio companies and investors.
To learn more about LongueVue Capital, please visit our website at www.lvcpartners.com.
For inquiries, please contact email@example.com or call 504.293.3600.
LVC is headquartered in New Orleans and maintains an office in Park City, UT to help us provide national coverage for transaction sourcing and portfolio company support.
We would love to hear more about your business. To discuss an opportunity or share materials about your business, please contact Charles Cox or fill out the form.