Sun-owned Berkline due funds

Gunin, Joan
May 2007
Furniture/Today;5/21/2007, Vol. 31 Issue 36, p2
Trade Publication
The article reports on the acquisition of controlling interest in Berkline/BenchCraft by an affiliate of private investment firm Sun Capital Partners. The move will give the upholstery new financing. The deal is part of a recapitalization that also will swap about $40 million of outstanding debt for new equity securities. Sun Capital's furniture holdings include Lexington Home Brands, Rowe Furniture, and Powell Co.


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