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From Home Furnishing Business

JW Childs Acquires Walker Edison

Private Equity firm J.W. Childs Associates, L.P. has acquired RTA Supplier Walker Edison from founders Brad Bonham and Matt Davis and Caltius Structured Capital (Caltius). Bonham and Davis will retain a significant ownership stake in the business.

“We are very excited about our new partnership with J.W. Childs, whose operational expertise will allow us to enhance our leading market position and accelerate growth in existing and new categories,” said Walker Edison co-founder and CEO Brad Bonham. “Caltius was the right partner for us over the past two years, helping us achieve tremendous growth.”

“Walker Edison has developed an impressive data-driven, design, sourcing and logistics operation, which allows for integrated partnerships with rapidly growing customers,” said J.W. Childs Partner David Fiorentino. “We are thrilled to work with management to accelerate growth and explore new opportuniites.”

“We enjoyed our partnership with Walker Edison and wish the team continued success going forward,” commented Caltius managing director Gavin Bates. “The relationship we developed with Brad and the Walker Edison team and the company’s successful growth during our partnership demonstrates our approach to working with founders and entrepreneurs who seek growth capital, but do not wish to cede operational control.”

J.W. Childs will add operational and financial expertise to the existing board of directors of Mr. Bonham, Mr. Davis, and enVista CEO Jim Barnes. Phil Damiano, operating partner of J.W. Childs, has been appointed non-executive chairman. Ken Murphy, CEO of J.W. Childs portfolio company EbLens and former CEO of Mattress Firm, Adam Suttin (managing partner), Kyle Casella (VP) and Mr. Florentino will join the board.

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