December, 1998
River Capital Sells Existing Ownership Stake in Winston Furniture Company, Inc. to Trivest Partners

River Capital, an Atlanta-based private investment firm, has sold its remaining interest in Winston Furniture Company, Inc. (“Winston Furniture”), to Trivest Partners. In 1987, River Capital listed Winston Furniture publicly on the American Stock Exchange.

Winston Furniture, headquartered in Haleyville, Alabama, designs, manufactures and sells casual furniture for both outdoor and indoor use. In 1985, the Company acquired the Lyon-Shaw division of B.B. Walker Company.

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.