Syosset, N.Y.—Stanton Carpet has partnered with Quad-C Management, a leading middle market private equity investment firm with nearly $2 billion in capital under management. Quad-C has acquired the business from Norwest Equity Partners (NEP) along with substantial investments from Jonathan and Sy Cohen as well as the management team.
As part of the deal, Stanton’s dynamic team will continue to lead and operate the business from its Syosset, N.Y. and Calhoun, Ga., facilities. Stanton’s new affiliation with Quad-C is a strategic partnership based on long-term growth plans for the company. Quad-C has been investing alongside business owners and their management teams for more than 25 years and is committed to sharing its extensive resources and experience in specialty distribution and building products to support Stanton’s long-term growth strategy.
“As a 36-year old family-owned business, our investment partnership with Quad-C marks an exciting time for Stanton,” said Sy Cohen, Stanton founder and chairman. “Quad-C has tremendous expertise in specialty distribution as well as significant industry experience and great people in their organization. On behalf of the Stanton team, we look forward to working closely with Quad-C.”