Quaker Fabric is a leading designer, manufacturer, and worldwide marketer of woven upholstery fabrics for residential and contract furniture as well as a leading developer and manufacturer of specialty yarns.
MLGA (a predecessor of Long Point Capital) partnered with the management team owners of Quaker to repurchase the investment of a foreign corporate investor that was looking to monetize its investment in Quaker.
Quaker successfully grew its business through increased market shares for existing products, product line extensions, and international expansion, eventually growing to become one of the two largest companies in the market. As a result of the Company’s rapid growth, Quaker completed a successful IPO. Long Point exited its investment through sales of its stock in the public market.
Ira Starr: 212-593-1800 / firstname.lastname@example.org