Novacap invests in mattress producer Kingsdown Canada
Canadian private equity firm Novacap has invested in Owen & Co Ltd, which operates as Kingsdown Canada, a Toronto-based manufacturer and seller of mattresses and bedding products. No financial terms were released. Founded in 1995, Kingsdown operates out of three manufacturing facilities in Canada and sells its products to furniture retailers, department stores, specialty businesses and hotel chains across North America. Novacap Senior Partner Marc Paiement said the investor will work with Kingsdown's management, led by President and CEO Michael James, to drive growth in existing markets and expand into new markets.
5 June 2017•2 mins read
