Stanton Acquired by Dunes Point Capital
Woodbury, NY, October 4, 2021-Stanton Carpet Corporation-a supplier of decorative, high-quality, self-branded carpet, custom rugs and luxury vinyl planks-has announced its partnership with Rye, New York-based Dunes Point Capital, a middle-market family office and private investment firm with approximately $1 billion in capital under management.
Dunes Point Capital acquired the business from Quad-C Management along with substantial investments from Jonathan and Sy Cohen as well as the management team. The announcement was made today by Stanton CEO and president, Jonathan Cohen.
As part of the deal, Stanton’s team will continue to lead and operate the business from its Woodbury, New York- and Calhoun, Georgia-based facilities. Stanton’s new affiliation with Dunes Point Capital is a strategic partnership based on long-term growth plans for the company. Dune Point has been investing alongside business owners and their management teams since its inception in 2013 and is committed to sharing its extensive resources and experience in specialty distribution and building products to support Stanton’s long term growth strategy.
The business is 41 years old.