on GHK Capital Partners (NASDAQ:MBC)
GHK Capital Partners LP Completes the Sale of Supreme Cabinetry Brands
Greenwich, CT / ACCESSWIRE / July 15, 2024 / GHK Capital Partners LP ("GHK") has finalized the sale of Supreme Cabinetry Brands Inc. ("Supreme") to MasterBrand, Inc. (NYSE:MBC) for $520 million in cash. Supreme, one of the largest U.S. manufacturers of premium residential kitchen and bath cabinetry, was acquired by GHK in October 2019.
Gil Klemann, Managing Partner of GHK, highlighted Supreme's transformation over the past five years. He expressed confidence in the company's continued success under MasterBrand's portfolio.
Tony Sugalski, CEO of Supreme, praised the strategic partnership with GHK. He looks forward to Supreme’s next growth phase with MasterBrand.
Jefferies LLC served as the lead financial advisor, with Harris Williams LLC also advising Supreme. Legal counsel was provided by Davis Polk & Wardwell LLP and Fredrikson & Byron, P.A.
R. H.
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