Daily News
From Home Furnishing Business
Kravet, LLC Acquired by Dunes Point Capital
December 4,
2024 by Karen Parrish in Business Strategy, Industry 
Dunes Point Capital, LP ("DPC") has acquired Kravet, LLC ("Kravet"). Located in Woodbury, NY, Kravet is the industry leader in to-the-trade home furnishings, distributing fabric, furniture, wall coverings, trimmings and carpet under the Kravet, Lee Jofa, GP & J Baker, Brunschwig & Fils and Donghia brands.
Kravet has distribution centers in Anderson, South Carolina and Poole, England, a manufacturing location in Thomasville, North Carolina as well as 40 showrooms worldwide and employs approximately 870 people. The Kravet family will continue to be a significant shareholder in the Company. For more information, please visit www.kravet.com.
Dunes Point Capital Fund III, LP provided the controlling equity for the transaction. The debt for the transaction was provided by Twin Brook Capital Partners and Lord Abbett.
Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC. Blank Rome LLP served as legal advisor to Kravet and Raymond James & Associates, Inc. served as financial advisor to Kravet.