Genesis Capital is pleased to announce Kwalu LLC (“Kwalu” or the “Company”) has been acquired by Dunes Point Capital. Kwalu is a leading designer and manufacturer of award-winning premium furnishings, including seating, tables, and casegoods, serving the healthcare and senior living markets.
As a vertically integrated manufacturer and designer, Kwalu offers its customers high quality, premium furniture that balances both form and function. Its elegant furnishings are equally met with both durability and cleanability. Kwalu has a manufacturing facility in Matamoros, Mexico and showrooms in Atlanta, GA and Chicago, IL and employs approximately 800 people.
David Horwitz, Founder, Chairman and COO of Kwalu, said, “We are extremely fortunate to have partnered with Genesis Capital. The team’s expertise and work ethic were evident every step of the process, and I am confident we would not be in the position we are today without them.”
Michael Zusman, CEO of Kwalu, added, “Genesis Capital was the key to getting our Company the best possible partner and structure to meet our very specific goals and objectives. Their valuable insight, coupled with a very discrete and disciplined process, resulted in a fantastic outcome for our family, employees and Company. Our family and employees enjoyed working with the whole Genesis Capital team.”
Genesis Capital, LLC served as financial advisor and Barnes & Thornburg LLP served as legal counsel to Kwalu. Alvarez & Marsal’s Global Transaction Advisory Group served as financial advisor and Kirkland & Ellis LLP served as legal counsel to Dunes Point Capital. The debt for the transaction was provided by Twin Brook Capital Partners.
About Kwalu
Kwalu is an Atlanta, GA based family-owned and operated designer and manufacturer of premium furnishings with deep expertise in the healthcare and senior living end markets. The Company has a comprehensive product offering across seating, tables and casegoods. Kwalu manufactures its products in Matamoros, Mexico and has showrooms in Atlanta, GA and Chicago, IL. For more information, please visit www.kwalu.com.
About Dunes Point Capital
Dunes Point Capital is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. Dunes Point Capital targets companies with enterprise values of up to $1 billion. For more information, please visit www.dunespointcapital.com.