Dunes Point Capital has acquired Kravet, LLC, a leading player in the home furnishings industry, enhancing its investment portfolio in the sector.

Information on the Target

Dunes Point Capital, LP (DPC) has successfully acquired Kravet, LLC (Kravet), a renowned leader in the to-the-trade home furnishings sector. Headquartered in Woodbury, NY, Kravet specializes in distributing a diverse range of products including fabric, furniture, wall coverings, trimmings, and carpets under several prestigious brands such as Kravet, Lee Jofa, GP & J Baker, Brunschwig & Fils, and Donghia. The company boasts a robust logistical network with distribution centers located in Anderson, South Carolina, and Poole, England, along with a manufacturing facility in Thomasville, North Carolina. Kravet operates 40 showrooms around the globe and employs a dedicated workforce of approximately 870 individuals.

Despite the acquisition, the Kravet family will maintain a significant ownership stake in the company, ensuring that their expertise and legacy continue to influence the brand's strategic direction. This partnership is poised to enhance Kravet's capabilities and broaden its market reach.

Industry Overview in the Target’s Specific Country

The home furnishings industry in the United States has witnessed steady growth over the past few years, supported by escalating demand for home renovation and furnishing products. With a robust housing market and increased consumer