BB&T Capital Markets Serves as Exclusive Financial Advisor to Champlain Capital Partners in the sale of Thibaut, Inc. to Harbour Group
On December 29, 2017, Thibaut, Inc. (“Thibaut” or the "Company"), a portfolio company of Champlain Capital Partners (“Champlain”) was acquired by Harbour Group (“Harbour”). BB&T Capital Markets served as the exclusive financial advisor to Champlain.
About the Companies
Founded in 1886 and headquartered in Newark, NJ, Thibaut is the nation’s oldest continuously operating wallpaper and fabric company. Thibaut is a leading designer and global distributor of branded wallpapers, fabrics, and furniture sold through the interior design channel. Thibaut goes to market through two highly regarded brands, Thibaut and Anna French.
With offices in San Francisco, CA and Boston, MA, Champlain Capital Partners is a private equity fund that provides all the equity and debt capital when purchasing middle-market companies with EBITDAs between $3.0 million and $10.0 million. Since 1992, Champlain’s partners have invested $1 billion in more than 70 companies to facilitate transfers of ownership and provide capital for growing businesses in partnership with management.
Harbour Group is a privately owned, operations focused company based in St. Louis, Missouri. Harbour’s companies are engaged in manufacturing and distribution across diverse industries including LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour has acquired 198 companies in 42 different industries.
Commercial & Industrial
The BB&T Capital Markets Commercial & Industrial Group provides clients with industry expertise and exceptional transaction execution. We offer M&A advisory, capital raising and corporate banking services for a variety of sectors, including building products & materials; commercial & consumer durables; industrial manufacturing and distribution; and outsourced commercial and industrial services.
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.