Long Point Capital Portfolio

EuroDesign Cabinets

Business Description

EuroDesign is the leading manufacturer and installer of customized kitchen cabinets for production homebuilders in the California market.

Transaction Overview

Long Point Capital invested in EuroDesign through a leveraged recapitalization structure, where the owners of the Company monetized the majority of the illiquid value contained in the business, while continuing to retain a significant ownership interest in the Company and working with Long Point to transition to a new management team.

Post-Transaction

The Company transitioned to a new management team and continued to expand its geographic presence. During the unprecedented downturn in the California housing market, the Company downsized its operations and was sold to a private equity group.

Contact

Gerry Boylan: 248-591-6000 / gboylan@lpcfund.com
Eric Von Stroh: 212-593-1800 / evonstroh@lpcfund.com