Equity firm acquires Klaussner Home Furnishings

Equity firm acquires Klaussner Home Furnishings

Klaussner Home Furnishings has been acquired by New York-based private equity firm Monomoy Capital Partners. Klaussner’s current management team, led by CEO Bill Wittenberg, will remain in place and maintain a minority stake in the business. Financial terms of the deal weren’t disclosed. Klaussner bases its corporate headquarters in Asheboro, where it has 10 plants, a warehouse and a distribution facility.

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