CRCD acquires minority equity stake in Textiles Amalgamated
Capital régional et coopératif Desjardins (CRCD) has acquired a minority equity position in Textiles Amalgamated Inc, a specialist in the design and distribution of home fashion products, including window curtains and decorative fabrics. No financial terms were disclosed. Founded in 2001, Montréal-based Textiles Amalgamated sells its products in retail chains across Canada and the United States. CRCD, managed by Canadian private equity firm Desjardins Capital de risque, raised $150 million from retail investors in 2015.
2 December 2015•2 mins read
