BB&T Capital Markets Serves as Exclusive Financial Advisor to Stanton Carpet Corporation in its Sale to Quad-C Management, Inc.
On November 21, 2016, Stanton Carpet Corporation ("Stanton" or the "Company"), a portfolio company of Norwest Equity Partners ("NEP"), was acquired by Quad-C Management, Inc. ("Quad-C"). BB&T Capital Markets served as the exclusive financial advisor to Stanton.
About the Companies
Headquartered in Syosset, New York, Stanton is a leading value-added specialty distributor that provides proprietary, design-focused and branded soft floor covering products focused on the large and growing premium segment of the residential market as well as the premium main street commercial market.
Founded in 1961, NEP is a Minnesota-based global private investment firm focused on private equity and debt investments in the middle-market. Raising approximately $7.1 billion of invested and committed capital since inception, NEP seeks majority ownership in companies across seven primary industry sectors: agriculture, business services, consumer, distribution, diversified industrials, energy, and healthcare.
Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle-market private investment firm that specializes in investing in profitable businesses and growing them in partnership with management. Over its 25-year history, Quad-C has invested over $2.0 billion of equity across more than 50 companies spanning the business services, consumer, general industrial, healthcare, specialty distribution, and transportation and logistics sectors.
Commercial & Industrial
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About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.