River Capital and Management Acquire Décor Gravure Corporation, Inc.
River Capital, an Atlanta-based private investment firm, has partnered with management to acquire Décor Gravure Corporation, Inc. (“Décor Gravure”) from the Monarch-Narragansett Corporation. The purchase price was not disclosed.
Headquartered in Birmingham, Alabama, Décor Gravure designs, manufactures and distributes decorative interior vinyl paneling for use in the manufactured housing and recreational vehicle industries. The Company is a leading supplier to these industries with a substantial share of the total vinyl paneling market. Décor has facilities in Alabama, Georgia, Indiana, North Carolina, and Texas, strategically located in the largest manufactured home production areas.
River Capital is one of the oldest firms of its type in the Southeast and has acquired companies in a broad range of industries with combined annual revenues in excess of $600 million. River Capital primarily invests in light manufacturing, distribution and select service companies with purchase prices of $10 million to $50 million. For add-on acquisition candidates, the firm will consider companies with a purchase price less than $10 million.