Stanton Acquires Antrim Carpets USA

Mayfield Heights, OH, November 29, 2007—Stanton Carpet Corp. has purchased Antrim Carpets USA Ltd, according to Crain's Cleveland Business.

Stanton is a portfolio company of private equity firm Linsalata Capital Partners of Mayfield Heights, Ohio. Antrim is a designer, importer and wholesaler of hand-loomed carpets and rugs for the residential and commercial markets.

Linsalata bought Stanton in August 2006 and it is reportedly the first purchase by Stanton since then. According to the story, annual revenues of the combined companies will be about $60 million.

“We are pleased to bring these two companies together to further grow the Stanton business,” said Steve Perry, senior managing director of Linsalata Capital Partners, in a statement to Crain's.

“This acquisition will build on Stanton’s position as a leader in the premium carpet niche by expanding the breadth of products it offers in the higher-end soft floor market,” he said.

Linsalata said Antrim’s distribution and customer service center in Bristol, Pennsylvania. will become part of Stanton’s distribution center in Calhoun, Georgia.